Intel delights stock market with revenue forecast

Struggling US chip-maker Intel has positively surprised Wall Street with its revenue forecast for the current quarter on Thursday. The company’s shares, which have been badly shaken in recent months, rose by around 10% at times in after-hours US tradin…

Apple posts $14.7bn net income despite EU tax bill

Apple on Thursday posted a net income of $14.7 billion in the past quarter despite a huge tax bill in Ireland, a significant decline compared to the nearly $23 billion posted a year ago. Meanwhile, the iPhone maker’s total net sales rose 6% year-on-yea…