Intel shares rise 3.5% as sales exceed $9bn

Ian King, Bloomberg

Intel shares rise 3.5% as sales exceed $9bn
Thu, 13 Jan, 2005 - 00:00

Sales exceeded $9 billion for the first time in the fourth quarter, Santa Clara, California-based Intel said late yesterday. Revenue this quarter may rise to as much as $9.4bn (7bn).

Apple, which yesterday launched a new 99 iPod shuffle, and a Mac Mini computer releases its first quarter results today.

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CourtsPlace: Santa Clara, CaliforniaPlace: IrelandPlace: ShannonPlace: Co ClarePlace: New YorkPlace: BostonPlace: USPerson: Ian KingPerson: John LauPerson: presidentPerson: Paul OtelliniPerson: Russ KoesterichPerson: Pam HegartyPerson: Sangeeth PeruriPerson: Chief Financial OfficerPerson: Andy BryantPerson: OtelliniOrganisation: Bloomberg SHARESOrganisation: IntelOrganisation: AppleOrganisation: Intel Communications EuropeOrganisation: Intel’s Communications Product GroupOrganisation: Bank of America SecuritiesOrganisation: State Street Global MarketsOrganisation: Apple ComputersOrganisation: Novellus SystemsOrganisation: Baring Asset ManagementOrganisation: J&W Seligman & Co
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