The Rising Influence of Rising Affluence

[DewDiligence]

INTC modestly beats 3Q14 consensus and gives bullish 4Q14 guidance:

http://online.wsj.com/articles/intel-posts-improved-earnings-revenue-1413317579

…net income in the period ended Sept. 27 climbed to $3.32 billion, or 66 cents a share, from a profit in the year-earlier period of $2.95 billion, or 58 cents a share. Revenue increased to $14.55 billion from $13.48 billion. Analysts surveyed by Thomson Reuters had estimated per-share earnings of 65 cents on revenue of $14.44 billion.

…Intel projected further growth for the current period, indicating revenue could rise 10%. Shares edged up slightly after hours.

This bodes well for other tech multinationals.