Intel posts record second quarter revenue
Intel has posted its second quarter financial results, which include revenues of $9.2 billion and a net income of $2 billion. Revenue and net income were both up dramatically from the same quarter of 2004, but down slightly from the first quarter of this year.
"Intel delivered record second-quarter revenue, with growth of 15 percent versus a year ago led by strong demand for our notebook platforms," said Paul Otellini, president and CEO. "Our investments in new products, advanced silicon capacity and emerging markets are paying off with growth that is outpacing the industry. We look forward to the second half of 2005 as we ramp dual-core microprocessors into high volume, begin production on our 65nm process technology and deliver innovative new platforms."
Speaking of 65-nano chips, the earnings report also reveals that Intel has begun providing samples of its Yonah, Presler, and Dempsey dual-core mobile, desktop, and server/workstation processors to customers. Those chips won't see "high volume" production until 2006, but it may be possible to snag a 65-nano chip before the end of the year. After all, dual-core Pentium D processors have been available for some time, despite the fact that Intel's earnings report indicates that the company is only now ramping dual-core processors into "high volume."