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Intel posts $13.2 billion in revenue for Q2 2015

The PC market is 'challenging' says Intel CEO Brian Krzanich as his company posts Q2 2015 revenue of $13.2 billion.

@smithymayo
Published Thu, Jul 16 2015 6:27 AM CDT   |   Updated Tue, Nov 3 2020 12:05 PM CST

Boasting revenues of $13.2 billion, an operating income of $2.9 billion, a net income of $2.7 billion and an EPS of 55 cents, Intel posted up impressive Q2 2015 results. These figures show what Intel CEO Brian Krzanich claims to be a "transformation of our business as growth in data center, memory and IoT accounted for more than 70 percent of our operating profit."

Intel posts $13.2 billion in revenue for Q2 2015 | TweakTown.com

Naming the PC market as "challenging," Krzanich further explained that "the launches of Skylake, Microsoft's Windows 10 and new OEM systems will bring excitement to client computing in the second half of 2015." As for further reports, Intel generated around $3.4 billion in cash from operations, it paid dividends of $1.1 billion and used $697 million in order to repurchase 22 million shares of stock.

Looking forward to the third quarter, Intel expects to see a revenue of $14.3 billion, plus or minus $500 million. They also expect to spend $4.9 billion on R&D and MG&A combined.

I'm a competitive gamer and was an eSports employee. Recent changes have seen me hang up the mouse and move over to the technology world, covering all news for TweakTown, ranging from gaming news to opinion articles and the latest tech releases. Expect to see a few different articles on international eSports news and competitive game releases, as well as audio and mobile device content.

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