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Intel Shortfall Sets Stocks To Plunge Again

Discussion in 'Trucking Electronics, Gadgets and Software Forum' started by WiseOne, Jan 16, 2008.

  1. Jan 16, 2008 #1
    WiseOne

    WiseOne Inactive contact bullhaulerswife

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    Read More Here >> Yahoo Finance
     
    WiseOne, Jan 16, 2008
    WiseOne, Jan 16, 2008
    #1
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  3. Jan 16, 2008 #2
    Ronnocomot

    Ronnocomot Road Train Member

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    The chipmaker reported fourth-quarter net income of $2.27 billion, or 38 cents per share, compared with a profit of $1.5 billion, or 26 cents, earned in the final three months of 2006. The company also reported revenue of $10.71 billion, compared with $9.69 billion for the same quarter last year.

    Again, they had higher income and revenue that last year, but the world is coming to an end? How does that make any sense?

    How jaded are we that making $2.27 billion disappoints?
     
    Ronnocomot, Jan 16, 2008
    Ronnocomot, Jan 16, 2008
    #2
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