AMD will report yet another set of weak results, but this was expected due to global economy being in the toilet.
Atom helps Intel to score a big one, beats expectations
In a stark contrast to conservative projections by analysts, Intel (stock: INTC) announced that the company achieved a revenue of $10.22 billion, beating the estimates. Chipzilla achieved clear two billion dollar profit in Q3’08, or 35 cents per share. The reason for this 12% jump in profits is no other than Intel Atom, chip that reportedly costs only $8 to make, giving Intel additional $200 million in its Q3 revenue. Without Atom and associated chipsets, their revenue would dip below 10 billion. This only goes to show that Intel executed properly and went for the segment of market that has just started to expand. Cheap
