Reuters: Technology News: Intel fourth-quarter revenue meets expectations

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Intel fourth-quarter revenue meets expectations Jan 17th 2013, 21:05 By Noel Randewich SAN FRANCISCO | Thu Jan 17, 2013 4:05pm EST SAN FRANCISCO (Reuters) - Intel Corp posted fourth-quarter revenue of $13.5 billion and net earnings of $2.5 billion, or 48 cents a share, as the personal computer industry wrestles with falling sales and a shift toward tablets and smartphones. Analysts had expected $13.533 billion in revenue for the fourth quarter, according to Thomson Reuters I/B/E/S. The world's largest chipmaker forecast first-quarter revenue of $12.7 billion, plus or minus $500 million. Analysts had expected $12.910 billion for the current quarter.

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