I'm curious about AMD, Microsoft and Google. Does anyone knows the numbers??
Intel Says EU Fine Means Almost Nothing[05/27/2009 06:47 PM]
Intel Corp. said on Wednesday that it hardly will see any impact from the $1.44 billion fine slapped by the European Commission onto the world’s largest maker of microprocessor earlier this month.
“There’s still plenty of cash flow from operations to invest in our business, pay the fine and pay the dividend. As we’ve said in the Q1 earnings call, we are not having any conversations about cutting the dividend,” said Steven Smith, chief financial officer of Intel, Reuters news-agency reports.
The European Commission slapped Intel with record fine for anticompetitive business practices and violation of the region’s laws. The chipmaker said it would appeal and did not admit its guilt.
While the $1.44 billion fine is record for the European Union, it is hardly truly significant for Intel, which obtained around $7.144 billion in the EU, or about 19% of total revenue, in its fiscal 2008 alone.
Enter your username and e-mail address. Password will be sent to you.
8:23 am | Microsoft Vows to Release Xbox 360 Emulator for Xbox One. Microsoft Xbox One May Gain Compatibility with Xbox 360 Games
10:39 am | Microsoft Reveals Kinect for Windows v2 Hardware. Launch of New Kinect for Windows Approaches
1:57 pm | Facebook to Acquire Virtual Reality Pioneer, Oculus VR. Facebook Considers Virtual Reality as Next-Gen Social Platform
1:35 pm | Intel Acquires Maker of Wearable Computing Devices. Basis Science Becomes Fully-Owned Subsidiary of Intel
10:53 pm | Global UHD TV Shipments Total 1.6 Million Units in 2013 – Analysts. China Ahead of the Whole World with 4K TV Adoption
10:40 pm | Crytek to Adopt AMD Mantle Mantle API for CryEngine. Leading Game Developer Adopts AMD Mantle
9:08 pm | Microsoft Unleashes DirectX 12: One API for PCs, Mobile Gadgets and Xbox One. Microsoft Promises Increased Performance, New Features with DirectX 12
3:33 pm | PowerVR Wizard: Imagination Reveals World’s First Ray-Tracing GPU IP for Mobile Devices. Imagination Technologies Brings Ray-Tracing, Hybrid Rendering Modes to Smartphones and Tablets
2:00 pm | Nokia Now Expects to Close Deal with Microsoft in Q2. Sale of Nokia’s Division to Close Next Month