Intel's Q1 Earnings Smash Forecasts

Airtime: Wed. Apr. 14 2010 | 1:50 AM ET
US tech bellwether Intel reported a near quadrupling of profit in the first quarter. It also raised its full-year margins outlook. “We’re delighted with the performance, to see a record Q1 on the back of a tough 2009,” Graham Palmer, UK MD at Intel, said Wednesday. “From a European perspective, we exceeded our expectations.”