Intel Q4 Numbers, Net Income Up 875 Percent
Things are looking considerably brighter considering the results posted in Q4 2008.
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.

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!!!
Wonder how many people lost thier jobs from it.
Wonder how many people lost thier jobs from it.
looking at the comments
We don't need to support anyone, this is not a football game, we are consumers not fans.
AMD should get their act together and make CPUs that can compete with Intel performance wise, then, they'll get all the support they need in the form of sales.
Well, INTC's stock looks to be finishing the week about where it started. Which is pretty good, in comparison to most. AMD's stock is down about 5% for the week.
After all, most of us use an Intel CPU yet disapprove of their monopolistic tactics. It's sad that we just can't avoid Intel products without shooting our PC's leg.
yeah, it's not like there are any other forces besides raw sales in this complex economic scenario. I'm sure the quality of AMDs product is all that matters. /sarcasm
http://www.ag.ny.gov/media_center/2009/nov/nov4a_09.html
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!!!
It's nice that they are profitable and growing healthily, but this is not some oh-my-god news.
Read between the lines, that's basically what Sunflier is saying.
/stop trolling.
We do understand, profits are up nearly 9-fold, but only because previous profits were so rubbish. Still, good news for investors that the company is back on the road to profitability, so share price dropped a bit but you don't see shareholders making a run on their brokers. Wait a little bit and see that share price rise and the dividends roll in.
In the immortal word of Jar Jar Binks, "Steady...Steady!!!"
Intel makes motherboards, ssd drives, and now has the first 32nm cpu, 32nm cpu with on die gpu.
I didnt know Nvidia was trying to have sex with my computer!
The p/e ratio suggests that the stock price is already wildly overvalued. Even Google, the dot-com holdout, manages a better p/e than Intel. This is really more of an 'OK maybe Intel will survive the downturn' type moment, not a 'Oh wow Intel is king of the f$@%@@ universe' moment... Lately 'beating expectations' is all it takes, apparently.
We ARE in the middle of the biggest economical crisis since the great depression, a modicum of perspective...