Intel counts record $13 billion in revenue for Q2


by Geoff Gasior — 10:29 AM on July 21, 2011

Apple isn't the only firm posting impressive financial results for the last quarter. Intel did rather well for itself, too. The chip maker raked in a record $13 billion in revenue for the second quarter of this year, a 21% year-over-year increase. Net income hit $3 billion for the quarter, which is a mere 2% higher than for the same period last year. Here's how the numbers for this quarter compare to those from a couple of previous ones:

  Q2 2010 Q1 2011 Q2 2011
Revenue $10.8 billion $12.8 billion $13.0 billion
Net profit $2.9 billion $3.2 billion $3.0 billion
Gross margin 67% 61% 61%

Although the official press release says that Intel enjoyed double-digit revenue growth across all business units, it also concedes year-over-year revenues were down 15% for Atom processors and chipsets. The Atom division only accounted for $352 million in revenue, though, and the PC Client Group as a whole saw its revenue rise by 11%.

   
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