The numbers are out. Intel Corporation reported $12.8 billion in first-quarter revenue, $2.5 billion in operating income, $1.9 billion in net income, and an EPS (Earnings Per Share) of 38 cents. Thus, Intel's EPS beat analysts' estimates of 37 cents by one penny.
Notably, Intel's PC Client Group reported $7.9 billion in first quarter revenue. This was down 1% year-over-year.
Overall, Intel's CEO sounded upbeat:
"In the first quarter we saw solid growth in the data center, signs of improvement in the PC business, and we shipped 5 million tablet processors, making strong progress on our goal of 40 million tablets for 2014," said Intel CEO Brian Krzanich.Shares of Intel were trading up in after-hours trading.
|Intel Computex keynote confirms Kaby Lake and Optane for 2016||25|
|Asus shows off Avalon modular case and GX800 liquid-cooled laptop||6|
|Samsung designs minuscule single-package NVMe SSD||21|
|Thermaltake shows off The Tower and more at Computex||9|
|Adata shows NVMe and TLC SSDs at Computex||1|
|Corsair@Computex 2016: fans that levitate, fans that illuminate||8|
|Patriot adds 2TB model to Ignite SSD lineup||13|
|Intel boosts the high-end desktop with its Broadwell-E CPUs||86|
|EVGA@Computex 2016: Custom Pascal cards, new PSUs, and more||9|
|Everyone from Asus to Zotac has announced a non-reference GTX 1080. I see what you did there!||+46|