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Intel Q2 2017 results

$14.8 billion in sales, $2.8 billion profit, sales and profits down from last quarter Intel reported its calendar Q2 2017, revenues were flat and profits down in all of its business centers and feels it is on track in its transistor from being a PC only chip supplier. Revenue was $14.8 billion, up 14% year over year excluding the Intel ...

Ruchika Saini

$14.8 billion in sales, $2.8 billion profit, sales and profits down from last quarter Intel reported its calendar Q2 2017, revenues were flat and profits down in all of its business centers and feels it is on track in its transistor from being a PC only chip supplier. Revenue was $14.8 billion, up 14% year over year excluding the Intel Security Group. From an earnings perspective, operating income was $4.2 billion, up 30% year over year, and EPS of $0.72 was up 22% year over year. Intel’s EPS performance was the result of top line growth (over last year, it
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