As the world’s largest maker of computer chips, Intel is considered a bellwether for the wider industry. So the fact that the company’s latest revenue and profit numbers handily beat expectations is a very good sign indeed.
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Dell’s profit fell 23 percent in its second quarter. Its sales fell 22 percent. But the company still beat Wall Street expectations, and that’s what counts these days. Dell shares spiked nearly seven percent when the news was released, oddly, three minutes before the close of trading Thursday.
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Morbidly inclined investors and business media can speculate all they like about Apple CEO Steve Jobs’s health and Apple’s future with or without him, but in fact, the company has never been healthier. Apple just reported a blowout quarter.
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Yahoo has managed a détente with billionaire backseat driver Carl Icahn. So the question now is this: Can Yahoo manage one with the rest of its shareholders? We’ll find out this afternoon, when the company reports second-quarter earnings.
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If Apple CFO Peter Oppenheimer’s April forecast was correct, Apple will report earnings of $1 per share on revenue of $7.2 billion when it posts third-quarter earnings later this afternoon. Of course, the company is known for low-balling expectations and being conservative with its fiscal outlooks, so if its results surpass this forecast, no one will be much surprised.
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