Intel releases financial results - profits decline

@ 2006/07/20
Intel released their financial results of the second trimester today; the company saw a turnover of 8 billion, and a profit (before taxes) of 1.1 billion dollar. This is a decline of respectively 10% and 38% compared to the first trimester of this year and a decline of 13% and 60% compared to the same period in 2005.

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After tax only 885 million were left, this is the lowest number the company has seen since the third trimester of 2002. Intel blames the lower profit numbers on the lower sales price. They also mention that large clients are clearing out their chop stocks, which results in a decline of new products being bought. Intel excepts that with the introduction of Woodcrest, Conroe and Merom there will be a reversal, they predict a turn over of 8.3~8.9 billion for this trimester.

(src: Tweakers.net)
Comment from jmke @ 2006/07/21
WoW!
Comment from Sidney @ 2006/07/20
Clearly shows where the growing market is. If you can get >$2 billion people market (India & China) into video gaming, you find yourself a winner
Comment from jmke @ 2006/07/20
Europe really dropped a lot. And Asia-Pacific market is huge
Comment from Sidney @ 2006/07/20
Q2 2006 vs. Q1 2006 vs. Q2 2005
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Asia-Pacific $4 billion -6% -14%
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Americas $1.7 billion -10% -8%
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Europe $1.4 billion -19% -24%
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Japan $906 million -13% +3%
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