Intel’s Q2 Results Hit Heavily By EU Fine

Intel has announced its fiscal results for the second quarter of 2009, including the impact the European Union’s record-breaking $1.44 billion fine against the company. Intel puts a brave face on its report, but the global economic recession clearly took its toll on Intel’s sales volume over the past 12 months. The company reports that it saw its “strongest first-to-second-quarter growth since 1988,” and expects a seasonally stronger second half.Compared to 2008, however, 2009 sales have slumped significantly

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