Intel fourth-quarter revenue meets expectations

SAN FRANCISCO Thu Jan 17, 2013 4:03pm EST

SAN FRANCISCO Jan 17 (Reuters) - Intel Corp posted fourth-quarter revenue of $13.5 billion and net earnings of $2.5 billion, or 48 cents a share, as the personal computer industry wrestles with falling sales and a shift toward tablets and smartphones.

Analysts had expected $13.533 billion in revenue for the fourth quarter, according to Thomson Reuters I/B/E/S.

The world's largest chipmaker forecast first-quarter revenue of $12.7 billion, plus or minus $500 million. Analysts had expected $12.910 billion for the current quarter.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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