Intel posts profit of $2 billion on strength of Haswell, Silvermont

Intel logoIntel Corporation today reported second-quarter revenue of $12.8 billion, operating income of $2.7 billion, net income of $2.0 billion and earnings per share of $0.39. The company generated approximately $4.7 billion in cash from operations, paid dividends of $1.1 billion, and used $550 million to repurchase 23 million shares of stock from shareholders through its previously-announced buyback plan.

Cited in the quarter, Intel reports "strong acceptance" of the Haswell fourth-generation Intel Core processors, and the new Silvermont architecture. In addition, the new Intel Atom and LTE solution will be used in the Galaxy Tab 3 10.1-inch tablet, and the success of Intel's "most significant management reorganizations in a decade" contributed to the company's bottom line this quarter.

"Looking ahead, the market will continue buying a wide range of computing products," Intel's new CEO Brian Krzanich said. "Intel Atom and Core processors and increased SOC integration will be Intel's future. We will leave no computing opportunity untapped. To embrace these opportunities, I've made it Intel's highest priority to create the best products for the fast growing ultra-mobile market segment."

Also notable for the quarter, Intel's PC Client Group reported revenue of $8.1 billion, up 1.4 percent sequentially but down 7.5 percent year-over-year. The Data Center Group claimed revenue of $2.7 billion, up 6.1 percent sequentially and flat year-over-year. Intel reported gross margin of 58 percent, up two percentage points sequentially and down five percentage points year-over-year.

For the third quarter, the company expects between $13 billion and $14 billion in revenue, with a 61 percent gross margin. Revenue is not expected to increase from the 2012 numbers, with a 59 percent overall gross margin percentage.

Source: Electronista

Tags: CPUs, Intel, report

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Consumer group recommends iPhone 8 over anniversary model
 
LTE connections wherever you go and instant waking should come to regular PCs, too
 
That fiction is slowly becoming a reality
 
The Snapdragon 845 octa-core SoC includes the Snapdragon X20 LTE modem
 
Human moderators can help make YouTube a safer place for everyone
 
Google says Progressive Web Apps are the future of app-like webpages
 
All 2018 models to sport the 'notch'
 
The biggest exchange in South Korea, where the BTC/KRW pair is at $14,700 now
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930
31      




Poll

Do you use microSD card with your phone?
or leave your own version in comments (4)