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
- OnePlus clarifies charging cable claims, not blaming suppliers
- Release your frustration with Black Friday, the game!
- Call of Duty rumored to see a third-person Modern Warfare release
- Nokia unveils its new OZO virtual reality camera, priced at $60,000
- Apple expected to launch even thinner MacBook Air models next year
- Tenda AC15 AC1900 Dual-Band Wireless Router Review
- Q9550 P5Q Pro overclock
- Asrock 970 Pro3 R2 Freezes Randomnly
- Foscam FI9821P 720p HD Wireless IP Camera Review
- [ASROCK A75 PRO4] What should my next step be?
- Synthesio Announces Janet Megdadi As Chief Revenue Officer
- Polk BOOM Adds to Ready 4 Anything Speaker Family with New Swimmer Duo and Swimmer Jr.
- Viper SmartStart 4.0 Now Lets You Control Your Car from Your Wrist
- Gemalto Payment HSM Supports Cloud Tokenization Requirements for Secure Mobile Payment Transactions and Digitization of Credit Card Credentials
- ALL-METAL LG ZERO BRINGS TOGETHER LUXURIOUS DESIGN WITH BEST CAMERA TECHNOLOGY