Intel admitted that reached a bottom — the II quarter ended with net losses in $454 million

Show original
After closing of auctions Intel share price fell yesterday by 8,23% as company finished the second quarter serious decrease in revenue, without having met expectations of analysts. Net losses of $454 million too did not please investors, but the finance director of Intel tried to calm the public, having declared that the bottom is already reached, and further financial performance of companies will improve only. Besides, the rate of return of Intel was consistently reduced with 50,4 to 36,5%, having eloquently illustrated growth of expenses at simultaneous falling of the income. Consolidated revenues of Intel in the past...