Intel Result 13/10/2015

Intel Corp. saw its third quarter net profit slip 6.2% YoY to $3.1 billion from $3.3 billion , while turnover remained flat at $14.5 billion from $14.6 billion. The company’s net profit in the first nine months narrowed by 2.9% to $7.8 billion from $8 billion, while turnover was down marginally to $40.4 billion from about $41 billion. The client computing segment was the only one that failed to register growth YoY, pulling the nine month turnover down with it. The same segment was also the only one in the quarter to fail to register income growth. Intel noted the enthusiasm in the market for its 6th generation Intel Core processors (Skylake).