Intel Reports Strong Third-Quarter Results

[btarunr]

Intel Corporation today reported third-quarter revenue of $9.4 billion. The company reported operating income of $2.6 billion, net income of $1.9 billion and earnings per share (EPS) of 33 cents.

"Intel's strong third-quarter results underscore that computing is essential to people's lives, proving the importance of technology innovation in leading an economic recovery," said Paul Otellini, Intel president and CEO. "This momentum in the current economic climate, plus our product leadership, gives us confidence about our business prospects going forward. As we look ahead, Intel's game-changing 32nm process technology will usher in another wave of innovation from new, powerful Intel Xeon server platforms to high-performance Intel Core processors to low-power Intel Atom processors."

Highlights include:

• Third-Quarter Revenue $9.4 Billion, Strongest Second-to-Third-Quarter Growth in over 30 years
• Gross Margin 58 Percent, Up 7 Points Sequentially
• Operating Income $2.6 Billion
• Net Income $1.9 Billion
• EPS 33 Cents

To read the complete earnings release, visit this page.

View at TechPowerUp Main Site

 

[Wrigleyvillain]

This was one of the main factors in pushing the Dow back near 10K this morning.

 

[mechtech]

Raking in 2 billion per quarter and complaining about a 1.45 billion fine.

If I was intel I would goto the EU and laugh in their faces, 1.45 billion, thats it, do you want a cheque or cash lol

 

[Zubasa]

Raking in 2 billion per quarter and complaining about a 1.45 billion fine.

If I was intel I would goto the EU and laugh in their faces, 1.45 billion, thats it, do you want a cheque or cash lol

That will just make EU come back for more

 

[h3llb3nd4]

Raking in 2 billion per quarter and complaining about a 1.45 billion fine.

If I was intel I would goto the EU and laugh in their faces, 1.45 billion, thats it, do you want a cheque or cash lol

Lol indeed

 

[INORMUS]

On a more serious note. CPU or was it Maximum PC did a piece on how Intel 'encouraged' the bundling of their products when approaching OEM computer/laptop assemblers etc. Competing for market share is healthy, but offering incentives to delay or stall rival Advanced Micro Devices products is alittle bit dicey. Poor AMD--the most brilliant designers, but somehow problems in execution of business.

 

[Tartaros]

On a more serious note. CPU or was it Maximum PC did a piece on how Intel 'encouraged' the bundling of their products when approaching OEM computer/laptop assemblers etc. Competing for market share is healthy, but offering incentives to delay or stall rival Advanced Micro Devices products is alittle bit dicey. Poor AMD--the most brilliant designers, but somehow problems in execution of business.

Intel had bad moments when athlon xp/64 were good and p4/d were not so good, so I guess they don't want to risk nothing again

 

[INORMUS]

Good Point TARTAROS. Nvidia is still not too comfortable with the moment of dominance enjoyed by the AMD ATI Radeon 4870x2. Nvidia has CUDA now, so competition is good. I know that ATI supposedly uses a narrower bandwidth with GDDR5 type memory while Nvidio uses wider bandwidth with sub-DDR5. But I think the Invidia GTX 285 has GDDR5 memory now. I will never ort out the bandwidth v.s. GDDR type debate on graphics cards. I'm a 'new arrival'. Not in a science-fiction Alien Nation sense. Best Wishes