Intel Reports First-Quarter Results
First-Quarter Revenue $7.1 Billion, Down 13 Percent Sequentially
Gross Margin 46 Percent, Down 7 Points Sequentially
Operating Income $670 Million, Down 56 Percent Sequentially
Quarterly Net Income $647 Million; EPS 11 Cents
SANTA CLARA, Calif., April. 14, 2009 - Intel Corporation today reported first-quarter revenue of $7.1 billion, operating income of $670 million, net income of $647 million and earnings per share (EPS) of 11 cents.
"We believe PC sales bottomed out during the first quarter and that the industry is returning to normal seasonal patterns," said Paul Otellini, Intel president and CEO. "Intel has adapted well to the current economic environment and we're benefiting from disciplined execution and agility. We're delivering a product portfolio that meets the needs of the changing market, spanning affordable computing to high-performance, energy-efficient computing."
To read the complete earnings release, click here.
Intel (NASDAQ: INTC), the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at http://www.intel.com/pressroom and blogs.intel.com.
Intel and the Intel logo are trademarks of Intel Corporation in the United States and other countries.
Latest News Posts
- Horizon Zero Dawn: solid 30FPS on the PS4 Pro
- AMD Ryzen explained: motherboards, CPUs, and more
- SpaceX successfully lands another Falcon 9 rocket
- Nintendo Switch teardown teases massive 4310mAh battery
- Mass Effect Andromeda's latest gameplay video is here
- Gigabyte GA-Z97X Gaming G1 M.2 SSD Supported?
- Asus PRIME B250-PLUS Integated Graphics issue
- Looking for help overclocking a GA-EP43-UD3L
- I5 6600k OC settings.. aorus z270
- ASUS K55VM (LAPTOP A55VM) can't control fan speed for myself
- ASUS announces VivoMini VC66R and VC66
- BIOSTAR RACING Series motherboard lineup for AMD RYZEN announced
- Team Group officially announces the T-FORCE DARK series memory module with ASUS ROG Certified
- MSI announces Aero ITX series graphics cards
- ASUS Republic of Gamers announces Strix Impact