Intel Records Record Quarter and Record Year

By Jane McEntegart
published

Intel’s most recent quarterly earnings report has revealed that Q42010 was a record breaker.

Intel yesterday reported on its fourth quarter earnings, detailing that net income was $3.4 billion (up $433 million) on revenues of $11.5 billion (up $355 million). This represents a record quarter for Intel with increases of 15 per cent and 3 per cent, respectively, over Q3 2010's numbers. The company also reported Q4 operating income of $4.3 billion, up $211 million, 5 percent sequentially; and earnings per share (EPS) of 59 cents, an increase of 13 percent.

Comparing Q4 2010 to the same period in 2009, Intel's revenue of $11.5 billion represents an 8 percent jump over 2009, while it’s operating income ($4.3 billion) and net income ($3.4 billion) represent jumps of 74 and 48 percent, respectively, over Q4 2009. Earnings per share also saw a 48 percent increase over Q4 2009.

The year 2010 was also a record for Intel. The company boasted revenues of $43.6 billion, up 24 percent from 2009, and operating and net income were $15.9 billion and $11.7 billion, up 179 and 167 percent compared to 2009. EPS was $2.05, up 166 percent from 2009.

With this smashing year under his belt, CEO Paul Otellini is convinced the company will break more records this year.

"2010 was the best year in Intel's history. We believe that 2011 will be even better," he said in a statement.

Jane McEntegart
24 Comments Comment from the forums
  • xurwin
    the next gen i7,i5,i3 cpu's really gave them a boost. good work intel. you deserve it. congrats
    Reply
  • joytech22
    Intel's been working hard to deliver the goods, and this record just proves how far hard work can go.

    Now Intel, start making GPU's that are up to par with Nvidia and AMD and you will have the revenue flying in.
    Reply
  • jasonpwns
    joytech22Intel's been working hard to deliver the goods, and this record just proves how far hard work can go.Now Intel, start making GPU's that are up to par with Nvidia and AMD and you will have the revenue flying in.
    doubt it.
    Reply
  • sparky2010
    You know, i really hope AMD starts coming up with competitive (to intel) CPUs, for competition's sake not because i'm a fanboi... also, check this out: http://www.thenational.ae/business/technology/abu-dhabi-controlled-chip-maker-doubles-spend-to-5-4bn

    i hope that this could help out AMD some.. if not now, by 2015....
    Reply
  • excelerater
    I am in the wrong industry
    Reply
  • kartu
    joytech22Intel's been working hard to deliver the goods, and this record just proves how far hard work can go.Now Intel, start making GPU's that are up to par with Nvidia and AMD and you will have the revenue flying in.Yes, Intel, please kill remaining competitors and own us good and hard, like in 90th.
    Oh, and we really appreciate that you've already started it, by killing overclocking on all, but K series of Sandy Bridge...
    Reply
  • utengineer
    kartuYes, Intel, please kill remaining competitors and own us good and hard, like in 90th.Oh, and we really appreciate that you've already started it, by killing overclocking on all, but K series of Sandy Bridge...
    Over-clockers make up less than 1% of Intel's customer base. Over-clocking is a fun hobby, but it provides small gains in performance that 99% of the market does not benefit from. So having a few CPU's to choose from that are over-clock-able is not bad. You still have last gen to over-clock and the upcoming enthusiast processors to look forward to.
    Reply
  • ares1214
    Yeah...I am now convinced AMD will never catch up, unless 2 generations straight of intel are "phenoms" or "netburst", and Nvidia's ARM CPU's are a horrible mess, as well as 1 generation of their GPU's. However, the best hope i see for AMD is when they get all their fabs up and running, as well as perhaps if ARM becomes the architecture of choice. That might just make things a clean slate for everyone.
    Reply
  • geekapproved
    They are pretty good at lying, cheating and stealing their way to the top. Why not when all you have to do is settle with the people you stole from for pennies on the dollar and then rake in the profits.
    Reply
  • fazers_on_stun
    9267438 said:
    also, check this out: http://www.thenational.ae/business/technology/abu-dhabi-controlled-chip-maker-doubles-spend-to-5-4bn

    i hope that this could help out AMD some.. if not now, by 2015....

    To quote from your cited article:

    Jon Carvill, the vice president of global communications for Globalfoundries, said the boost in funding will come from the company's existing cash flow as well as from ATIC.

    "The relationship between ATIC and AMD works where AMD has the ability to match and they've chose not to at this point in time," Mr Carvill said.

    So it looks like AMD is further reducing their GF investment by means of dilution. When GF starts earning profits, AMD's share will be lower.
    Reply