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Intel Posts Record Quarterly Revenue

Discussion in 'News' started by malware, Jan 16, 2008.

  1. malware New Member

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    Intel Corporation today announced record fourth-quarter revenue of $10.7 billion, operating income of $3 billion, net income of $2.3 billion and earnings per share (EPS) of 38 cents. For 2007, operating income grew 45 percent, reflecting the company's ongoing efficiency programs, with profits growing significantly faster than revenue.

    "2007 was a breakthrough year for innovation at Intel," said Paul Otellini, Intel president and CEO. "We realized the benefits of our investments in new products and our efforts to drive efficiencies. Our customers embraced the Intel Core microarchitecture, extending our competitive leadership and driving a significant gain in operating results. We enter 2008 with the best combination of products, silicon technology and manufacturing leadership in our history."

    To read the complete earnings release, click here.

    Source: Intel
     
  2. btarunr

    btarunr Editor & Senior Moderator Staff Member

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    Well done, Intel. The Core was worth embracing.
     
  3. tigger

    tigger I'm the only one

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    At least someone is doing something right.

    Is there any wonder they are doing so well with such a good range of procs they have out.More good stuff coming this year too. :D
     
  4. TheGuruStud

    TheGuruStud

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    16% drop in share price, though. ouch
     
  5. WarEagleAU

    WarEagleAU Bird of Prey

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    Well what else would you expect?
     
  6. HaZe303

    HaZe303 New Member

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    Hopefully this does not mean, Intel will go back to its evil greedy ways?? As they were before P4 era?! :) Hope they have learned their lessons, and stay with these humane prices and quality products...
     

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