Intel Corporation today reported quarterly revenue of $13.5 billion, operating income of $3.8 billion, net income of $2.8 billion and EPS of $0.54. The company generated approximately $4.7 billion in cash from operations, paid dividends of $1.1 billion and used $1.1 billion to repurchase stock.
"The second quarter was highlighted by solid execution with continued strength in the data center and multiple product introductions in Ultrabooks and smartphones," said Paul Otellini, Intel president and CEO. "As we enter the third quarter, our growth will be slower than we anticipated due to a more challenging macroeconomic environment. With a rich mix of Ultrabook and Intel-based tablet and phone introductions in the second half, combined with the long-term investments we're making in our product and manufacturing areas, we are well positioned for this year and beyond."
Intel's Business Outlook does not include the potential impact of any business combinations, asset acquisitions, divestitures or other investments that may be completed after July 17.
Q3 2012 (GAAP, unless otherwise stated)
- Revenue: $14.3 billion, plus or minus $500 million.
- Gross margin percentage: 63 percent and 64 percent Non-GAAP (excluding amortization of acquisition-related intangibles), both plus or minus a couple of percentage points.
- R&D plus MG&A spending: approximately $4.6 billion.
- Amortization of acquisition-related intangibles: approximately $80 million.
- Impact of equity investments and interest and other: approximately zero.
- Depreciation: approximately $1.6 billion.
Full-Year 2012 (GAAP, unless otherwise stated)
- Revenue up between 3 percent and 5 percent year over year, down from the prior expectation for high single-digit growth.
- Gross margin percentage: 64 percent and 65 percent Non-GAAP (excluding amortization of acquisition-related intangibles), both plus or minus a couple points.
- Spending (R&D plus MG&A): $18.2 billion, plus or minus $200 million, down $100 million from prior expectations.
- Amortization of acquisition-related intangibles: approximately $300 million, unchanged.
- Depreciation: $6.3 billion, plus or minus $100 million, down $100 million from prior expectations.
- Tax Rate: approximately 28 percent, unchanged.
- Full-year capital spending: $12.5 billion, plus or minus $400 million, unchanged.
Latest News Posts
- New Assassin's Creed may use PS4 Pro, Project Scorpio
- Nintendo NX might cost $350
- Pottermore website can generate Patronus via online test
- You can now play Nintendo 64 games on Xbox One
- Respawn: Microsoft forced Titanfall as Xbox exclusive
- Samsung 850 EVO 4TB SATA III SSD Review
- Mirror's Edge Catalyst Graphics Performance Tweak Guide
- Prepping LGA2011 Build
- Unable to find BIOS update for motherboard
- Lian Li O Series Multiple Expansion card support
- Antec and Razer team up to co-brand a new Mini-ITX gaming chassis
- Samsung Electronics accelerates the NVMe era for consumers with its highest performing 960 PRO and EVO Solid State Drives
- Lighting is in the Aer: NZXT launches Aer RGB, premium LED PWM fans
- Syber Gaming delivers VR and 4K-ready 'C Series' small form factor gaming PC
- HyperX Gears of War gaming headset shipping now