Intel reports best sales ever


Intel reported its best sales ever in the first quarter of the year, in financial results released Tuesday.

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Intel reported its best sales ever in the first quarter of the year, in financial results released Tuesday.

“The first quarter was a great start to 2011 and puts us on track to exceed our financial goals for the year,” chief financial officer Stacy Smith told investors and analysts on a conference call Tuesday afternoon.

Investors responded by bidding up Intel’s stock. In after-hours trading late Tuesday, shares climbed 96 cents, 4.8 percent, to $20.82.

Read more at OregonLive.com.

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