Still a Profit
$8.2 Billion in revenues with better than break even is nothing to sneeze at.
Unlike other companies that are under water for the quarter.
Investors had time to brace themselves for Intel's atrocious fourth quarter earnings, since the chip maker warned of revenue drops twice in the past three months. That's why Chipzilla's profits plummeting 90 per cent in the quarter was actually in line with Wall Street's dismal estimates. The company reported net income of $ …