Friday, January 20, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sharp Establishes New Research and Development Center for Home Appliances in China
Samsung Seeks Arbitration Over LCD Supply Halt
Canon May Invest In Toshiba's Chip Business
Samsung To Explain What Caused The Galaxy Note 7's ban In Press Event
Nintendo's 'Fire Emblem Heroes' Smartphone Game features in-app Purchases
Fujifilm X-T20 Features New 24MP Sensor and 4K Video Capture
Samsung Begins Rollout of Android 7.0 Nougat
European Commission Welcomes Steps Taken by Amazon, Audible and Apple to Improve Competition in Audiobook Distribution
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > PC Parts > Intel S...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, April 18, 2012
Intel Says PC Sales To Pickup, Sees Growth Driven By Ultrabooks, Smartphones


Intel posted a solid start this year with quartedly earnings, and said that the company's smartphones along with products based on 22nm tri-gate technology will further drive the company's growth in 2012.

The company reported quarterly revenue of $12.9 billion, operating income of $3.8 billion, net income of $2.7 billion and EPS of $0.53. The company generated approximately $3.0 billion in cash from operations, paid dividends of $1.0 billion and used $1.5 billion to repurchase stock.

"The first quarter was a solid start to what's expected to be another growth year for Intel," said Paul Otellini, Intel president and CEO. "In the second quarter we'll see the first Intel-based smartphones in the market, ship products based on 22nm tri-gate technology in high volume, and accelerate the ramp of our best server product ever, providing a tremendous foundation for growth in 2012 and beyond."

The company is ramping up production of its newest Ivy Bridge PC processor, which is expected to drive sales later this year and power a new ultrabooks.

In the long term, the future of the PC is probably something in between the tablet and the laptop, he said. Microsoft's Windows 8 touch-oriented operating system is meshing with Otellini's vision.

However, the costs of upgrading the factories where the chips are being made is temporarily hurting margins, Chief Financial Officer Stacy Smith told a conference call.

CEO Paul Otellini told analysts on the call he was confident of the chipmaker's previous prediction the new ultrabooks would account for 40 percent of all notebook sales by the end of the year.

Intel has been also racing to find a foothold in smartphones and tablets, where processors based on ARM' power-efficient chip designs are widely used. The company has recently announced that its newest processors would be used in a handful of upcoming smartphones, beginning from those available in emerging markets.


Previous
Next
Oracle CEO Says Company Considered Making a Java-based Smartphone Before Suing Google        All News        Twitter To Implement New Patent Strategy
Apple Wants To Ban Revamped Samsung Galaxy Tablet in Germany     PC Parts News      Asus To Offer Free External GPS Dongle To Eee Pad Transformer Prime Owners

Get RSS feed Easy Print E-Mail this Message

Related News
Intel Unveils New Intel Responsive Retail Platform, Announces $100 Million Investment Plan
Intel Unveils Credit Card-Sized Computer
Intel To Bring Standalone Project Alloy VR Headset By The End Of the Year
Spanning Car, Connectivity and Cloud, Intel Announces New GO Platforms For Self-Driving Vehicles
Get Ready for the Best New PCs for the New Year with New 7th Generation Intel Core Processors
Intel to Acquire 15 Percent Ownership of HERE
New Intel NUC Platforms Launching At CES 2017
Could Future Intel Chips Have AMD Graphics Inside?
Uber Creates AI Lab With Geometric Intelligence Acquisition
Intel Extreme Masters Season 11 World Championship Returns to Katowice, Poland
Intel Teams Up With Delphi and Mobileye for Self-Driving Cars
Go Master Cho Wins Final Game Against DeepZenGo AI Platform

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .