Intel or face the first loss in 22 years

Source: Internet
Author: User
Keywords Net loss 1986 Intel Corporation financial data
News (reporter Zhang Yi) Intel's 22 earnings myth may have been dashed by a paper ticket from the European Union.  Yesterday, the world's largest processor maker released its second-quarter 2009 earnings, and Intel may face its first net loss since 1986. The company's operations, like the world economy, are recovering from a trough, with a quarterly profit of $1 billion trillion, according to the data.  But if the EU's 1.45 billion-dollar (1.06 billion-euro) ticket to Intel was "monopolized" in May, Intel's two-quarter net loss of $398 million.  Intel's two-quarter revenue was $8 billion, a year-on-year decrease of $1.4 billion trillion and a 897 million-dollar increase in the chain. Without a fine from the European Commission, the chip giant's performance has been booming, but in accordance with accepted accounting standards, Intel lost $12 million in its two-quarter operating loss and a net loss of $398 million, after deducting fines. The results are even worse than Intel's "worst" financial data in recent years ——— this year's 1-quarter earnings.  Intel net income of 647 million U.S. dollars in the first quarter, down 55%.  However, Intel company officials told reporters that the European Union fines into the financial results, only for listed companies need to tell shareholders all the potential risks of liability, does not represent the company recognized and accepted the EU's punishment. "Our attitude remains the one that was announced in May. "In the statement, Intel expressed" strong objections "to the European Union's penalties and decided to file a lawsuit.
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