Intel posts $1.9B net income; sees large drops in mobile, PC divisions

Intel Corporation today reported first-quarter revenue of $12.8 billion, operating income of $2.5 billion, net income of $1.9 billion and earnings per share of 38 cents. This is a dramatic drop from the company’s fourth quarter results, with a drop of 26 percent in net income, with a drop of eight percent of the company’s revenue….

— For more information read the original article here.