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Intel Reports "Best Quarter Ever"

Gordon Kelly

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Intel Reports "Best Quarter Ever"

Yes I know you hate financial results stories, yes I'm posting this anyway because these figures are mind blowing...

Intel has announced its "best quarter ever" having declared its Q2 2010 financial results. What does 'best quarter ever' mean when you're a monstrous corporate like Intel? Brace yourself.

Revenue for the last three months hit $10.8 billion, up 34 per cent on Q2 2009 while operating income came in at $4 billion and net income of $2.9 billion. To put these in context Nokia - responsible for 33 per cent of all mobile phones sold around the world - made $1bn net income during the whole of 2009. In its field Intel's nearest rival AMD had revenue, operating income and net income of $5.4bn, $664m and $243m during the whole of 2009!

"Strong demand from corporate customers for our most advanced microprocessors helped Intel achieve the best quarter in the company's 42-year history," said an understandably chuffed 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."

With Intel also soon entering the highly lucrative smartphone sector for the first time with its Atom Z processor it looks like the Santa Clara based giant still has the potential to grow substantially larger yet. Which is a truly frightening thought...

Link:

Intel Press Release

xenos

July 14, 2010, 9:22 pm

I'm selling bucket loads of AMD systems, seriously how are they doing it?

Runadumb

July 14, 2010, 9:39 pm

And they will have more of my money with SandyBridge, especially if they launch it early as engadget has rumoured, the swines. I think next year will be when AMD can finally fight back but with those profits intel probably couldn't care less.

Mik3yB

July 14, 2010, 11:57 pm

Mid-range chips, enthusiast chips, server chips, laptop chips, netbook chips, mainboard chipsets, Intel branded mainboards.. it all adds up - to astonomical profits evidentally! :D

deus1066

July 15, 2010, 3:05 am

Core2 was a real turning point. Since then AMD have been playing catchup as the Athlon X2's had the edge on the Pentium D's before then. Even still the Core2's and now the i3/5/7 seem to have AMD at a loss. I can't see that changing until Intel launch Sandy Bridge and AMD launch their own CPU+GPU fusion chip next year. However, I still expect Intel to win, especially as they've already got Sandy Bridge prototypes up and running and are already manufacturing at 32mm and looking at going 22nm by 2012.

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