Intel had Q2 revenue of $13.5 billion for net income of $1.3 billion, The company generated approximately $3.8 billion in cash, paid dividends of $1.2 billion, and used $804 million to repurchase 26 million shares of stock. Net income was halved to $1.3 billion after a $1.4 billion charge for lay-offs. The PC business was …
Intel sees high single digit decline for PC market this year