Monday, December 11, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Confirms Acquisition of Shazam
VESA Defines DisplayHDR Standard for PCs, Laptops and Displays
Microsoft Releases Preview of Quantum Development Kit, Q Sharp Programming Language
Hackers Hit ATM Networks In U.S. and Russian Bank Breaches
Verizon Signs Five-year NFL Streaming Deal
Intel Introduces Cost-optimized Pentium Silver and Intel Celeron Processors
Upcoming Samsung QLED TVs Could Have LG Panels Inside
LG Electronics Applies For Iris Recognition Patent For Mobiles
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 R...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, July 15, 2014
Intel Reports Second-Quarter Revenue of $13.8 billion


Intel today reported second-quarter revenue of $13.8 billion, mainly due to the good performance of the company's PC and data center businesses.

The company also generated approximately $5.5 billion in cash from operations, paid dividends of $1.1 billion, and used $2.1 billion to repurchase 74 million shares of stock.

"Our second-quarter results showed the strength of our strategy to extend the reach of Intel technology from the data center to PCs to the Internet of Things," said Intel CEO Brian Krzanich. "With the ramp of our Baytrail SoC family, we have expanded into new segments such as Chrome-based systems, and wer are on track to meet our 40 million unit tablet goal. In addition, we hit an important qualification milestone for our upcoming 14nm Broadwell product, and expect the first systems to be on shelves during the holidays."

Intel intends to return more cash to shareholders by lowering its cash balance further through increased share repurchases. The board of directors authorized an increase of $20 billion to its share repurchase program and the company is forecasting share repurchases of approximately $4 billion in the third quarter, with additional share repurchases in the fourth quarter.

During Q2, Intel's PC Client Group revenue reached the $8.7 billion, up 9 percent sequentially and up 6 percent year-over-year. The company's Data Center Group revenue rose 14 percent sequentially and up 19 percent year-over-year. The Internet of Things Group revenue of $539 million, up 12 percent sequentially and up 24 percent year-over-year.

Mobile and Communications Group revenue of $51 million, down 67 percent sequentially, and the Software and services operating segments revenue was $548 million, down 1 percent sequentially and up 3 percent year-over-year.

Intel believes the worst is over for a personal computer industry hammered by the mobile revolution.

"PCs have stabilized," Chief Financial Officer Stacy Smith said. He said he expects shrinking demand from consumers in China and other developing countries to rebound, just as it recently has in the United States.

Intel expects the market's recovery to help it grow its full-year revenue about 5 percent, slightly higher than prior expectations.

Delays in the company's production of the upcoming Broadwell chip won't push back its successor, Skylake, still expected next year.

On Tuesday, Intel shot down suggestions of any delay to Skylake, saying it was on schedule to ship some time next year. Intel currently ships PC chips code-named Haswell, which will be followed by Broadwell and then Skylake.

Intel is still trying to finalize the exact release date of Skylake, and it will be pinned down in the second half this year, said Krzanich.

Skylake, which is based on a brand-new microarchitecture, also will be made using the 14-nanometer process. Intel hasn't otherwise shared much about Skylake, other than that the chip will be able to use DDR4 memory. Intel's efforts to free wires from PCs will also start with Skylake: In 2016, the chip maker will deliver a Skylake-based reference design that will enable wireless docking, charging, display and data transfers.

Intel has also started shipping Xeon E5 chips based on the Haswell microarchitecture to server makers, and the chip will be in servers this quarter.

The new chips, code-named Grantley, will succeed former chips code-named Romley, which are based on the Ivy Bridge microarchitecture.

The Grantley chips have already started shipping to cloud and high-performance computing customers who build their own computing gear, Krzanich said. Most chips ship out of the factory to server makers, who test the chips, design servers and then make products commercially available.

The Grantley chip will have DDR4 memory controllers, and memory DIMMs are expected to be available from Micron, Kingston and others this quarter.

For Q3 2014, Intel expects a revenue of $14.4 billion, plus or minus $500 million.



Previous
Next
Facebook Joins Mozilla In Advancing JPEG Encoding        All News        Xbox One Special Edition Armed Forces Wireless Controller and Stereo Headset Coming In October
Intel to $60 Ship Galileo Gen2 Computer Next Month     PC Parts News      Intel Chipsets To Support PCIe 3.0

Get RSS feed Easy Print E-Mail this Message

Related News
Intel Introduces Cost-optimized Pentium Silver and Intel Celeron Processors
Intel Uses Cobalt Interconnect for 10nm, Global Foundries Detail EUV Lithography for 7nm
IBM Says New POWER9-based AC922 Power Systems Offer 4x Deep-learning Framework Performance Over x86
IBM Scientists Demonstrate 10x Faster Machine Learning Using GPUs
Intel to Unveil Platform For Autonomous Cars at CES
Intel and Warner Partner to Develop In-Cabin Experiences in Autonomous Cars
U.S. Government Warns Businesses About Vulnerabilities Of Management Engine in Intel Chips
Samsung to set up AI Research Center
Samsung Forecast to Top Intel as Larger Semiconductor Supplier in 2017
Intel Doubles Capacity of the Optane SSD DC P4800X
AMD's Raja Koduri Joins Intel as Chief Architect for High-End, Discrete Graphics Solutions
New Intel Core Processor Combines High-Performance CPU with Custom Discrete Graphics from AMD

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 .