Tuesday, September 02, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
webOS Is Still Alive With LuneOS ROM Release for Android, webOS Devices
AMD Launches AMD Radeon R9 285 Graphics, "Never Settle: Space Edition" Game Bundle
AMD Introduces New 8-core FX-series Processors
New Philips Hue Beyond Combines Functionality And Ambient Lighting for Home
LG and Samsung Add Swarovski Crystals on Their Products
Pioneer DDJ-WeGO3 Allows You To Mix Tracks from Spotify or iTunes
Apple's iCloud Could Have Allowed Celebrity Nude-Photo Leak
Google To Launch New Budget Phone In India
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > General Computing > Intel R...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, July 18, 2012
Intel Reports Second-Quarter Revenue of $13.5 Billion


Intel Corp. said Tuesday that the weak global economy is slowing its growth, and revenue for the current quarter is likely to come in below Wall Street forecasts.

The company reported quarterly revenue of $13.5 billion, operating income of $3.8 billion, net income of $2.8 billion and EPS of $0.54. The company generated approximately $4.7 billion in cash from operations, paid dividends of $1.1 billion and used $1.1 billion to repurchase stock.

"The second quarter was highlighted by solid execution with continued strength in the data center and multiple product introductions in Ultrabooks and smartphones," said Paul Otellini, Intel president and CEO. "As we enter the third quarter, our growth will be slower than we anticipated due to a more challenging macroeconomic environment. With a rich mix of Ultrabook and Intel-based tablet and phone introductions in the second half, combined with the long-term investments we're making in our product and manufacturing areas, we are well positioned for this year and beyond."

Intel chips go into about 80 percent of personal computers and into vast numbers of servers as well.

For the full year, Intel now expects sale to grow 3 percent to 5 percent from last year, rather than the "high single digit" level it predicted earlier.

The first smartphones with Intel processors launched in the quarter in China, France and India.

When it comes to tablets, Intel is counting on Windows 8, due this fall. This touch-oriented update from Microsoft is designed to work well on tablets as well as PCs. Otellini said more than 20 Windows 8 tablet models are in the works at different manufacturers, based on low-power Intel chips.

In PCs, Intel's big push this year is in ultrabooks. It has embarked on its largest marketing campaign in years to support them. Ultrabooks are still relatively expensive, but Otellini said he expects prices to come down to $699 this fall.


Previous
Next
Symantec Releases Enterprise Security Software For Mobiles        All News        New Security and Developer Features Now in Latest Firefox
Google Adds Antarctica Imagery to Street View     General Computing News      New Security and Developer Features Now in Latest Firefox

Get RSS feed Easy Print E-Mail this Message

Related News
Intel Hopes To Improve Its Mobile Business With Ex-Qualcomm exec
Intel Unleashes its First 8-Core Desktop Processor For Gaming
Intel Introduces World's Smallest Standalone 3G Modem
Intel Highlights Its Wireless Computing Plans
Intel, Chunghwa Telecom Team up on Internet of Things
Avago to Sell LSI's Networking Business to Intel
Intel's Wearable Devices To Help Parkinson's Disease Research
Intel Discloses Newest Microarchitecture and 14 Nanometer Manufacturing
Intel Offers Software Kits For Designers Of Wearable Devices
New Intel Solid-State Drive Pro 2500 Series Packs SK Hynix Flash And Brings Trusted Security Features
New Intel Haswell CPUs Released
Intel to $60 Ship Galileo Gen2 Computer Next Month

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .