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Intel misses profit estimates as it shifts toward ultramobiles

2013-07-18 12:30:00| InfoWorld: Top News

Intel missed analyst estimates for the second fiscal quarter, reporting slightly lower profits, plus revenue that climbed just 2 percent versus a year ago. Intel reported profits of $2.0 billion, down 2 percent from a year ago, on second-quarter revenue of $12.8 billion, up 2 percent from the same period.

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