Tuesday, April 13, 2010

INTC beats on Sales & EPS...NICE !!!!

INTC ER was a beat on Sales & EPS & IS guiding HIGHER than consensus on Sales ,Margin...

Q1 sales consensus $9.8 billion..... actual $10.3 billion

Q1 EPS consensus 38 cents ....actual 43 cents

Guidance Sales $10.2 Billion.....consensus $9.69 Billion

Gross margin for 2010 Guidance 64% vs previous guidance of 61%......

Capital Spending for 2010 $4.8 billion...which benefits chip equipment makers like TER,LRCX etc.....

INTC UP AH by .87 cents

Chip stocks UP in sympathy....like MU,TER,MRVL etc.....

BLOG does NOT give buy or sell.

Saleem

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