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|14th July 2010, 12:25||#1|
Join Date: May 2002
Intel Reports Best Quarter Ever
Intel Corporation today reported second-quarter revenue of $10.8 billion, up 34 percent year-over-year. The company reported operating income of $4.0 billion, net income of $2.9 billion and EPS of 51 cents.
“Strong demand from corporate customers for our most advanced microprocessors helped Intel achieve the best quarter in the company's 42-year history,” said Paul Otellini, Intel president and CEO. “Our process technology lead plus compelling architectural designs increasingly differentiate Intel-based products in the marketplace. The PC and server segments are healthy and the demand for leading-edge technology will continue to increase for the foreseeable future.”Q2 2010 Highlights
* PC Client Group revenue was up 2 percent sequentially, with record mobile microprocessor revenue.
The Outlook for the third quarter does not include the effect of any other acquisitions, divestitures or similar transactions that may be completed after July 12.
* Revenue: $11.6 billion, plus or minus $400 million.Full-Year 2010
* Gross margin: 66 percent, plus or minus a couple percentage points. The company’s prior expectation was 64 percent, plus or minus a couple percentage points.
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