Intel Q4 Numbers, Net Income Up 875 Percent

Despite a few minor antitrust-related hiccups along the way, Intel did well last quarter. Really well. The chip giant this week released its fourth quarter results for 2009, announcing an 875 percent jump in net revenue from the same period last year.

Intel posted revenue of $10.6 billion, up $2.3 billion and 28 percent year-over-year. Operating income was $1.5 billion, up $958 million and 62 percent year-over-year. All this amounted to a net income of $2.3 billion, an 875 percent or $2 billion increase year-over-year.

That $2.3 billion from Q4 actually accounted for a large chunk of Intel's overall net income for 2009. The company posted a 2009 net income of $4.4 billion.

Read the full report here.

Create a new thread in the US News comments forum about this subject
This thread is closed for comments
43 comments
    Your comment
    Top Comments
  • sunflier
    This is why we need to support AMD AS LONG AS AMD does their part giving us very competitive products.
    35
  • back_by_demand
    Intel is a bit like a drug dealer.
    A bit shifty, debatable business practices, deals with opposition ruthlessly, provides a product that gives you a massive high, but no matter how bad it treats you, you always go back for more...
    Next years new CPU is the Core iCaine...

    By the way, I am a Core i7 920 owner, but my eyes are glazed over and i'm really digging this shit man!!!
    23
  • noob2222
    Looks like thier monopolistc tactics are paying off very well.

    Wonder how many people lost thier jobs from it.
    14
  • Other Comments
  • jonpaul37
    ... and they say that the mighty fall...
    -12
  • jonpaul37
    ... in other news, with the successful announcement of Intel's fantastic year, their stock is down $0.53 today, gotta love those panicy americans...
    -14
  • noob2222
    Looks like thier monopolistc tactics are paying off very well.

    Wonder how many people lost thier jobs from it.
    14