Intel Posts Record First Quarter Revenue of $9.7 Billion

@ 2008/04/16
SANTA CLARA, Calif., April 15, 2008 – Intel Corporation today announced record first-quarter revenue of $9.7 billion, operating income of $2.1 billion, net income of $1.4 billion and earnings per share (EPS) of 25 cents.

"Our first quarter results demonstrate a strengthening core business and a solid global market environment," said Paul Otellini, Intel president and CEO. "We saw healthy demand for our leading-edge processors and chipsets across all segments. Looking forward, we remain optimistic about our growth opportunities as we continue to reap the benefits of our 45nm technology leadership."

Comment from Rutar @ 2008/04/16
Q1 generally is a weaker Quarter due to the lack of Christmas sales and money in the pockets of everyone.


Read the comment on the Inquirer article tough, it looks as some readers are much smarter than the authors =P
Comment from jmke @ 2008/04/16
GAINST THE previous quarter Intel’s Q1 08 numbers are all minuses, $9.7 billion revenue is down 10%, net income of $1.4 billion is minus 36 per cent.

Compared with Q107 the same revenue is up 9% but income still down 11 per cent

http://www.theinquirer.net/gb/inquir...-earnings-drop

 

 

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