Mobile Technology News & Mobile Fun

Intel declares ‘best quarter ever,’ after 34% annual jump in revenue

By Tim Conneally, Betanews

Chipmaker Intel Corp. has posted its earnings for the second quarter of 2010, and with revenue of .8 billion and a net income of .9 billion, declared it to have been the company’s best quarter ever.

Strong demand from corporate customers for our most advanced microprocessors helped Intel achieve the best quarter in the company’s 42-year history,” said Paul Otellini, Intel president and CEO. “Our process technology lead plus compelling architectural designs increasingly differentiate Intel-based products in the marketplace. The PC and server segments are healthy and the demand for leading-edge technology will continue to increase for the foreseeable future.”

Intel’s Atom line of low-profile, low power chipsets was up 16% over last quarter, reaching revenue of 3 million, and with a slightly higher average selling price for processors, the company had record high revenues in both its mobile processor and server microprocessor categories.

Copyright Betanews, Inc. 2010

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Paul OtelliniIntel CorporationNet incomeCorporationPersonal computer

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