Intel reveals robust financial results, but it’s losing turf to AMD’s Ryzen CPUs
http://www.techradar.com/news/intel-reveals-robust-financial-results-but-its-losing-turf-to-amds-ryzen-cpus
Intel has revealed its latest financial results with an impressive picture of growth that beat analyst estimates, although there was one wobbly area, namely desktop chips, where AMD’s Ryzen CPUs have made a clearly visible dent in Intel’s armor.
Overall, Intel raked in revenue of $16.1 billion (around £12.2 billion, AU$21 billion) for Q3 which was up 6% compared to the previous year, with a net income of $4.5 billion (around £3.4 billion, AU$5.9 billion) which represented a strong increase of 34% year-on-year.