Business
3:07 am
Thu July 18, 2013

Intel's Earnings Are Down For 4th Straight Quarter

Originally published on Thu July 18, 2013 8:29 am

The computer chip maker is facing a tough reality with its latest earnings report. Intel's second quarter profit was down 29 percent compared to last year. One reason is that more and more consumers and businesses are switching from traditional computers to smart phones and tablets.