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Intel Reports 2Q13 Earnings and New Focus on Atom

Jul 19, 2013

In his first earnings call as CEO on Wednesday afternoon, Krzanich detailed his strategy for how Intel will move forward. During Intel’s second quarter fiscal 2013, revenue came in at $12.8 billion, Intel CPUsup two percent on a year-over-year basis. Net Income was reported at $2 billion for the quarter, which is down by 2 percent over the second quarter of 2012.

Intel provided third quarter guidance for a midpoint revenue range of $13.5 billion.

While the second quarter was not a great one for Intel, the Data Center Group did better than the PC Client Group. PC Client Group revenue was reported at $8.1 billion, which is a 7.5 percent year-over-year decline. Data Center Group revenue, on the other hand, came in at $2.7 billion, which is flat year-over-year.

Read the full story at ServerWatch:
Intel’s New CEO Plots a Course Forward with Atom

Sean Michael Kerner is a senior editor at InternetNews.com. Follow him on Twitter @TechJournalist.

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