Intel profits fall 11% year-on-year

Intel has left us with its quarterly results, in addition to the annual ones. The company leaves us with a decrease in its profits, of 11% in the case of data between January and September. On this occasion, profits of 14, 143 million dollars were obtained. Despite this, sales exceeded expectations and the results have exceeded the expectations of many analysts.

Intel profits fall 11% year-on-year

Billing has remained unchanged compared to last year. Since the firm has reported a drop of just 1% in this case.

Official results

Intel has highlighted above all that it has been the sale of chips for data centers that has clearly boosted its results in the third quarter of this year. Earnings per share have also increased in this case, reaching $ 1.42, as the company has revealed in these quarterly results. There were doubts about the results of the company, but the firm has shown its strength in this field.

Since in its divisions in general we can see an increase in benefits. Divisions such as the Internet of Things or Mobileye stand out above all, with increases of 9% and 20%, respectively. So they help the firm advance in the market.

Overcoming what many analysts expected, we can see that despite competition and uncertainty in the market, Intel has managed to maintain itself in the third quarter. Although in the interannual there are certain fields in which the company does not present the best results.

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