Tag Archives: lead tech

Intel Q2 Beats As IoT, Data Center Offset Slow PCs

No. 1 chipmaker Intel (INTC) late Wednesday reported Q2 earnings and revenue that beat Wall Street estimates, as did its Q3 sales guidance, as sales of chips for the Internet of Things and data centers offset the PC slowdown. Intel (INTC) reported a 5% drop in Q2 revenue to $13.2 billion, its first year-over-year sales decline in two years. But that still beat the $13 billion analysts polled by Thomson Reuters had forecast. Intel’s Q2 earnings per

IBM, Intel, Raytheon Aim At Burgeoning Security Field

Honeywell, BAE Systems, Lockheed, AT&T, IBM, Intel, Raytheon, HP, Booz Allen, Cisco Systems and EMC are all, of course, well-known … security companies? Indeed, the ranks of computer security vendors range far beyond the pure-play makers of security software such as Symantec (SYMC), Palo Alto Networks (PANW) and Fortinet (FTNT). That defense contractors and big tech companies are moving into, or deeper into, security is no surprise given the

Tech Q2 Earnings Hit By Cloud Disruption, PCs, Dollar

Technology companies have long been the innovation trendsetters, turning in strong earnings reports that most often put the industry at or near the top of the best-performing groups. That, however, is not expected to be the case with a second-quarter earnings season that begins in earnest Wednesday with chip leader Intel (INTC). The consensus estimate for the 66 tech companies in the S&P 500 is for earnings growth to average just 2% from the