Intel Corporation Numbers Bring Good News For Apple Inc.

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Intel Corporation Numbers Bring Good News For Apple Inc.
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Intel exhibited better than expected performance for the second quarter, and this could be good news for Apple, or more specifically, for its Macs. For the quarter, the chip maker posted earnings of 55 cents per share on revenue of $13.2 billion versus the consensus estimate of 50 cents on $13.04 billion.

Intel numbers positive for PC makers

Global Equities Research analyst Trip Chowdhry told Benzinga that no one expected such a strong performance from the chip maker. “They beat both bottom line, top line and they guided up, which clearly indicates that the datacenter buildout has just started,” Chowdhry said.

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