Intel Reports Best Quarter Ever
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.
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 http://www.intel.com/pressroom and blogs.intel.com.