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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%Nov 20 3:59 PM EST

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To: deibutfeif who wrote (132694)4/17/2001 5:40:50 PM
From: Dan3  Read Replies (2) of 186894
 
From your link, GAAP earnings:

Including acquisition-related costs, in accordance with generally accepted accounting principles, first quarter net income was $485 million, down 82 percent from first quarter of 2000 and down 78 percent sequentially. Earnings per share were $0.07, down 82 percent from $0.39 in the first quarter of 2000 and down 78 percent sequentially.

It's so unfair that those danged accountants want you to include the costs of your acquisitions when you include their earnings and profits in your quarterly results.

What fussy bunch!
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