Wintel rides ahead on earnings news

Technology giants Microsoft and Intel release earnings reports that soundly beat analysts' expecations.

CNET News staff

Jan. 11, 2002 6:31 p.m. PT

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Technology industry giants Microsoft and Intel didn't disappoint investors today with earnings that soundly beat Wall Street expectations. Intel reported record revenue of $8.3 billion, while Windows 2000 helped drive Microsoft's sales.

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