Tuesday, 13 July 2010

Intel Profit surged to $2.9 as sale up to 34% with same period last year 2009.

Intel said today that its profit surged to $2.9 billion as sales rose to $10.8 billion during its last quarter, up 34 percent from revenue in the same period a year ago, thanks to a continued rebound in the market for PCs and big computer servers around the world.

Shares of (INTC 22.48, +1.47, +6.10%) were up more than 7% in after-hours trading