What Happened In Intel’s Third Quarter?

The third quarter results were released on October 14 for Intel (INTC), and it came with the message that the PC business was still living and had not become an icon to be remembered for the company.

But on the contrary, the mobile business did not do that well. In a statement made during the earnings call, CEO Brian Krzanich, commented – “We are pleased by the progress the company is making. We achieved our best-ever revenue and strong profits in the third quarter. There is more to do, but our results give us confidence that we’re successfully executing our strategy of extending our products across a broad range of exciting new markets.”

Let’s dig further and find out the major financials discussed during the conference call on the quarter.

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