After posting record revenue for this year's second quarter, Intel warned that its third-quarter results would fall below expectations because of lower-than-expected demand. The company has now posted final Q3 numbers, and they sit within the revised guidelines—but they're not exactly anything to be embarrassed about for the chip giant:
|Q3 2009||Q2 2010||Q3 2010|
|Revenue||$9.4 billion||$10.8 billion||$11.1 billion|
|Net income||$1.9 billion||$2.9 billion||$3.0 billion|
In fact, in today's announcement, Intel gloats about seeing its revenue exceed $11 billion for the first time ever in Q3. CEO Paul Otellini hardly sounds bashful, either, with the press release quoting him as saying, "Intel's third-quarter results set all-time records for revenue and operating income. . . . These results were driven by solid demand from corporate customers, sales of our leadership products and continued growth in emerging markets. Looking forward, we continue to see healthy worldwide demand for computing products of all types."
Intel apparently enjoyed record revenue from mobile and server processors, with revenue rising 3% across its PC client and data-center business groups. Average CPU prices didn't budge, though. Interestingly, the announcement reveals that revenue from Atom processors has shrunk 4% since the previous quarter. Could that be a sign of lowered interest in netbooks, now that consumer ultraportables abound and iPads are selling like hot cakes? Either way, Intel is still raking in plenty of cash from mobile CPU sales.
Looking forward to the ongoing fourth quarter, Intel expects revenue in the $11-11.8 billion range with a gross margin of 65-69%. That sounds like a potentially respectable increase over the $10.6 billion revenue and 65% margin Intel posted in Q4 2009.
|Asus' Tinker Board single-board computer reviewed||7|
|HP, Acer, and Lenovo ready low-cost laptops with Windows 10 S||3|
|Poll: Where do you use ECC RAM?||26|
|Gigabyte's Z370 boards are ready to dip into Coffee Lake||4|
|Glorious Modular Mechanical TKL Keyboard takes any switch||3|
|Imagination Technologies sold to CBFI Investment Limited||15|
|Gigabyte Aero 15 X stuffs a GTX 1070 in a thin chassis||3|
|Take a sneak peek at our Core i9-7960X and Core i9-7980XE results||57|
|Intel warms up Coffee Lake with eighth-gen desktop Core details||112|
|What's really going to bake your noodle later on is, would you still have commented if I hadn't said anything?||+25|