Intel Reports Best. First. Quarter. Ever.
Intel's financials looking lots better as customers ease off the Intel Atom netbook frenzy and go back to bigger chips.
Intel, with its new Nehalem-based CPUs hitting the big time since early this year, has been enjoying success. In fact, the company this week announced that it's had its best financial quarter ever.
Intel Corporation today reported first-quarter revenue of $10.3 billion. The company reported operating income of $3.4 billion, net income of $2.4 billion and EPS of 43 cents.
"The investments we’re making in leading edge technology are delivering the most compelling product line-up in our history," said Paul Otellini, Intel president and CEO. "These leadership products combined with growing worldwide demand and continued outstanding execution resulted in Intel's best first quarter ever. Looking forward, we're optimistic about our business as Intel products are designed into a variety of new and exciting segments."
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