Intel's Strong 4Q Shows Company Made Right Bets In Downturn |
Wall Street Journal - Jan 15, 2010 |
Other semiconductor companies may try to imitate Intel Corp.'s (INTC) success in the fourth quarter, but few are likely to duplicate it.
Intel's blowout quarter, one of its most profitable ever, resulted from key decisions made by the chip giant's management as well as a strict adherence to a schedule of new products and investments. In the volatile chip market, few semiconductor companies have the ability and the resources to maintain that discipline during a global recession.
Actually, Intel's quarter was so good it might be hard to match anytime soon. The 65% profit margins that the company registered, and worries that it represents a high-water mark, are reasons why Intel shares are sliding Friday.
Read Full Article from Wall Street Journal
- Posted: 2010-01-15 11:24:51
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