Wednesday, October 17th 2007

Intel Posts Record Third-Quarter Revenue

Intel Corporation today announced third-quarter revenue of $10.1 billion, operating income of $2.2 billion, net income of $1.9 billion and earnings per share (EPS) of 31 cents.
A combination of great products, strong and growing worldwide demand, and operational efficiency from our ongoing restructuring efforts led to record third-quarter revenue and a 64-percent year-over-year gain in operating income,
Looking forward, we see each of these elements continuing to improve into the fourth quarter. We are very pleased with the results and optimistic about our business.
said Intel President and CEO Paul Otellini. To read the complete earnings release, click here.
Source: Intel
Add your own comment

9 Comments on Intel Posts Record Third-Quarter Revenue

#1
mtosev
:rockout::rockout:
Posted on Reply
#3
jocksteeluk
credit to the Intel marketing people, i think since the pentium 4 chips they have realised charging that extra premium for your product drives away sales.
Posted on Reply
#4
[I.R.A]_FBi
to all those who said intel wasnt making a profit selling those pc2d's so low ... have dat ...
Posted on Reply
#5
Kreij
Senior Monkey Moderator
I think that with this information and the new Nehalem information it may not be a bad time to invest in a little Intel stock.
Posted on Reply
#6
[I.R.A]_FBi
even if you dont want to do that, i can tell you, dont invest in "those other guys"
Posted on Reply
#7
newtekie1
Semi-Retired Folder
Lets hope they reward us with a nice price drop now. :)
Posted on Reply
#8
magibeg
Well if you think about it, its probably getting cheaper for intel to make chips as time goes on. More chips per wafer due to smaller process.
Posted on Reply
#9
Torg
Record profits, Record layoffs? :ohwell:
Posted on Reply
Dec 25th, 2024 12:19 EST change timezone

New Forum Posts

Popular Reviews

Controversial News Posts