Intel Q4 Numbers, Net Income Up 875 Percent

News
By Jane McEntegart
published

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.

Jane McEntegart
43 Comments Comment from the forums
  • jonpaul37
    ... and they say that the mighty fall...
    Reply
  • 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...
    Reply
  • noob2222
    Looks like thier monopolistc tactics are paying off very well.

    Wonder how many people lost thier jobs from it.
    Reply
  • Ehsan w
    looks like nobody cares :P
    looking at the comments
    Reply
  • sunflier
    This is why we need to support AMD AS LONG AS AMD does their part giving us very competitive products.
    Reply
  • porksmuggler
    amazing, doing everything with their power to be a monopoly has done wonders for their profit margin.
    Reply
  • cryogenic
    sunflierThis is why we need to support AMD AS LONG AS AMD does their part giving us very competitive products.
    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.
    Reply
  • ereuter71
    jonpaul:

    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.
    Reply
  • Silmarunya
    They are certainly reaping benefits from their monopoly and tbh, I hope their next quarter is a disaster (which isn't going to happen...), but actually me and most of the above posters are hypocrites.

    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.
    Reply
  • porksmuggler
    CryogenicWe 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.
    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
    Reply