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Intel Beats The Street With Q3 Revenues Of $13.5B

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http://techcrunch.com – Intel just reported its third quarter 2012 earnings with revenues of $13.5 billion, flat compared to the prior year. Intel’s net income was $3 billion, up 5.1% compared to last year. Operating income was $3.8 billion, flat compared to a year ago. Its earnings per share were at $0.58 cents per share, a 7.4% increase from last year. Analysts expected Intel to report earnings of $0.50 per share on revenues of $13.2 billion for Q3, and $2.11 for FY 2012. CEO Paul Otellini said its third-quarter results reflected a continuing tough economic environment with the world of computing in the midst of (IT news)