Intel Reports Best Quarter Ever
Posted: Tue Jul 13, 2010 3:49 pm
Intel Reports Best Quarter Ever
Second-Quarter Results
* Revenue $10.8 billion
* Gross Margin 67 percent
* Operating Income $4.0 billion
* Net Income $2.9 billion
* EPS 51 cents
SANTA CLARA, Calif., July 13, 2010 � 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."
To read the complete earnings release, click here.
About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world�s computing devices. Additional information about Intel is available at www.intel.com/pressroom and blogs.intel.com.
Second-Quarter Results
* Revenue $10.8 billion
* Gross Margin 67 percent
* Operating Income $4.0 billion
* Net Income $2.9 billion
* EPS 51 cents
SANTA CLARA, Calif., July 13, 2010 � 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."
To read the complete earnings release, click here.
About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world�s computing devices. Additional information about Intel is available at www.intel.com/pressroom and blogs.intel.com.