Boston, MA 11\/05\/2013 (wallstreetpr) –\u00a0<\/b>Semiconductor manufacturer Intel Corporation (NASDAQ:INTC)<\/b> will start ex-dividend trading on November 05, with all stockholders prior to the ex-dividend date being eligible for cash dividends of $0.225 a share scheduled for payment on December 01. The sixth quarter for the conglomerate to pay the same dividend yield of 3.7%, its current earnings per share, which signify profitability, is $1.85. Posting net revenues of $13.5 billion for its third quarter, a 5% increase compared to the FY2012 corresponding quarter, Intel\u2019s scaled-down sales and revenue projections between $13.2 billion and $14.2 billion for the fourth quarter have somewhat dismayed analysts and investors alike.<\/p>\n
With personal computers, Intel\u2019s key revenue generators, on the brink of getting wiped out by the far superior and compact tablets and smartphones, Intel cites this as the primary reason for the drop in sales revenue. Ironically, this still remains a pain area for the prominent technology pioneer which recently shifted direction and released a spree of high-technology mobile products like the state-of-the-art 4G LTE modem, and the more recent cutting-edge 64-bit quad-core system-on-a-chip innovation processor Altera in alliance with its prime competitor, ARM Holdings PLC (NASDAQ:ARMH<\/b>).<\/p>\n
With Intel’s late entry into the mobile and tablet markets, and its limited share of the stupendous growth these markets entail, Intel\u2019s competition woes and operating costs in the near future are significant. The breath of fresh air for investors are the prospective growth seen in Intel’s data centre group with a remarkable 40% revenue spike in the third quarter post its transition to cloud computing. Other high-revenue areas are the high-end computing segment, which notched up a significant 27% and the moderate 20% growth segment of storage sales. These segments will continue to be Intel\u2019s key revenue drivers for forthcoming quarters.<\/p>\n
With Intel stocks bobbing much above the $21 mark for over three months and low fluctuations below 15%, analysts recommend it as a BUY. The chipmaker\u2019s shares dropped a meagre 0.29% to close at $24.255 in NASDAQ\u2019s November 04 trading, from previous close of $24.325. After-hours trading saw a meagre 0.23% jump to $24.31.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 11\/05\/2013 (wallstreetpr) –\u00a0Semiconductor manufacturer Intel Corporation (NASDAQ:INTC) will start ex-dividend trading on November 05, with all stockholders prior to the ex-dividend date being […]<\/p>\n","protected":false},"author":2,"featured_media":12306,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[419,1900,597],"stock_ticker":[],"class_list":["post-12305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-intc","tag-intel-corporation-nasdaqintc","tag-nasdaqintc","entry"],"acf":[],"yoast_head":"\n