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."
Other news from IDF in Beijing:
· Intel Announces New Atom SoC ''Tunnel Creek''
· Intel Teases Better, Faster Dual-core Atom CPU
· Intel Sampling Nehalem-successor "Sandy Bridge"
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Shadow703793 Damn.... quite impressive considering we're just getting out of the bad economic times....Reply -
shadow187 This is horrible. Even though I don't want to admit it, AMD is indeed slacking in their processing. Their main focus is budget, and while that's nice, Intel kills them in applications. Maybe if AMD focused on gaming and increased their processors 25% in that respect, then it'd be justifiable.Reply -
micky_lund ben850Grats to them i suppose.. all my money is still going to AMD thoughhahaReply
u gotta admit their lga1156 socket quads are too bad perf for money, tho the x4 620 owns in price (not performance) -
aspireonelover micky_lundhahau gotta admit their lga1156 socket quads are too bad perf for money, tho the x4 620 owns in price (not performance)sir... you have no idea what you're talking aboutReply -
killerclick AMD is dead. They should just give up and stop confusing the customers with their continued existence.Reply -
yannifb I guess thats good for their stocks, they'll probably go up 50 cents or 80 cents. However im sticking with my AMD stocks, which i bought at about 4 dollars a share. AMD is at 9.89 now :DReply