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Intel, the accounts disappoint and put Stm in trouble

In the fourth quarter of 2013, Intel posted profits on the rise without however hitting market estimates, despite the improvement in the computer market.

Intel, the accounts disappoint and put Stm in trouble

In the fourth quarter of 2013 Intel it posted rising profits without, however, meeting the market's estimates. The slight improvement in the chipmaker's accounts was due to the stabilization of the long-suffering computer market. In the period ended last December 28, the American group recorded profits of 2,63 billion dollars, registering a +6,4% compared to 2,47 billion in the same period of 2012. In terms of earnings per share, the figure settled at 51 from 48 cents, less than the 52 cents expected by the market.

As regards revenues, Intel had a turnover of 13,83 billion, a +2,6% compared to 13,48 billion in the last three months of 2012. Analysts had expected a more contained figure, at 13,7 .XNUMX billion. "We had a solid fourth quarter with signs of stabilization in the PC segment," said number one Brian Krzanich, who took over the Silicon Valley company from Paul Otellini last May.

Going into detail, the PC division reported sales of $8,6 billion, flat compared to the same quarter in 2012, but up about 2% on the previous three months. In the current quarter, the company expects revenues of around $12,8 billion, to which $500 million could be added or subtracted. The consensus was set at 12,79 billion.

While awaiting the accounts, which arrived yesterday when the markets were closed, the stock closed the session down by 0,49% at 26,54 dollars. In the after-hours segment it fell by more than 3%. In 2013, Intel shares grew by 23%, slightly less than the +30% of the benchmark index on Wall Street, the S&P 500. And today the unexpected slowdown of Intel is contributing to the difficult session in Piazza Affari for Stmicroelectronics, which in mid-morning yields two percentage points, suffering one of the worst falls of the Ftse Mib.

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