Intel revenues unexpectedly low

Intel will report revenues this quarter that are 10% less than expected, causing Intel's stock--and the entire Nasdaq index, for that matter--to plunge. The downturn was caused by slower than expected sales, which were over 2 million units short of predictions. First quarter revenues for Intel were $5.9 billion, down from the $6.5 billion the company earned in the same quarter a year before. The company will officially announce its first quarter results on April 14

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