Intel Corporation (INTC) has announced its fourth quarter (4Q) results for fiscal year 2013 (FY13), reporting a revenue beat but has missed earnings per share (EPS) estimates. The company generated revenues of $13.83 billion, which were higher than consensus estimates of $13.7 billion, whereas EPS at $0.51 was a cent lower than estimates.
Intel’s revenues from its PC division - which contributes more than 60% of total revenues - were flat year-over-year (YoY). The number of units sold rose 3% YoY, but average selling prices (ASPs) declined 2%. Revenues from the data center division increased 8% YoY, driven by a 7% increase in ASPs.
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