Stefan Mileschin

Intel had a good 2020

Intel has announced its financial results for the fourth quarter of 2020, as well as financial results for the full 2020 year, and it was a record quarter for Intel, despite the coronavirus pandemic. The star of the Q&A session was the old and the new CEOs, Bob Swan and Pat Gelsinger, responding to some serious questions about the current state and the future of the company.

Starting with Q4 2020 financial report, Intel has been doing quite well, reporting a revenue of $20 billion, just a 1 percent drop compared to the same quarter last year, but also a 9 percent increase compared to the previous quarter.

The net and operating income were reported at $5.9 billion each, which, compared to the previous quarter, is an increase of 37 and 16 percent, respectively. The gross margin is at 56.8 percent, an increase of 3.7 percent compared to the previous quarter, and a drop of 2 percent compared to the same quarter last year.

https://fudzilla.com/news/52259-inte...nancial-report