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RD Today => All the News => Business News => Topic started by: riky on January 16, 2009, 02:02:09 AM

Title: Fox News: Intel's Net Falls 90% on Massive Writedown
Post by: riky on January 16, 2009, 02:02:09 AM
Intel's Net Falls 90% on Massive Writedown
     


Intel (INTC) reported net income down 90% in the fourth quarter, hurt by a $1 billion writedown, and the company didn't give a formal outlook for the first quarter because it said current conditions made it too difficult to predict.
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http://feeds.foxnews.com/~r/foxnews/business/~3/ZCftwQv6SHE/