Intel quarterly revenue beats Street expectations
Intel Corp posted third-quarter revenue of $13.5 billion and net earnings of $3.0 billion, or 58 cents a share, as the personal computer industry wrestles with a shaky global economy and a shift by consumers toward tablets.
Analysts had expected $13.23 billion in revenue for the third quarter, according to Thomson Reuters I/B/E/S.
The world's largest chipmaker forecast fourth-quarter revenue of $13.6 billion, plus or minus $500 million. Analysts expected $13.74 billion for the current quarter.
(Reporting By Noel Randewich; Editing by Bernard Orr)