Tag Archives: PC

Intel bucks chip industry woes; powered by PCs, iPhones

10 October, 2018 10:05 am 10:05 am

(Reuters) – Intel Corp beat analysts’ estimates for quarterly profit and revenue on Thursday, driven by its high-margin data center business and strong demand for its PC chips, sending its shares up as much as 6.0 percent in extended trading, though those gains later evaporated on concerns about US  trade tensions with China. The company’s … Read More

Lenovo swings to forecast-beating first quarter profit; PC revenue jumps

08 August, 2018 8:34 am 8:34 am

HONG KONG (Reuters) – Chinese PC maker Lenovo Group swung to a profit and beat estimates in the first quarter on Thursday, helped by a sharp jump in revenue. Net profit came in at $77 million for the three months ended in June, compared with a loss of $72.3 million in the same period a … Read More