Intel posted $10.7 billion in revenue last quarter

As AMD keeps posting losses quarter after quarter, Intel couldn't be doing better. The company posted its highest ever revenue in the third quarter of last year, and it has now eclipsed that record for the fourth quarter.

Compared to the previous quarter, Intel's Q4 revenue increased by a cool $600 million to reach $10.7 billion. Year-over-year, that's a 10.5% rise in sales. Net income also rose from $1.5 billion in Q4 2006 and $1.9 billion in Q3 2007 to a staggering $2.3 billion in Q4 2007. Intel credits record microprocessor and chipset sales as well as its higher gross margin, which went up from 49.6% in Q4'06 and 52.4% in Q3'07 to 58% in Q4'07, for the rise in profits.

Looking ahead, Intel expects revenue of $9.4-10 billion with a gross margin of 56% this quarter. The company doesn't seem to plan on lowering its gross margin much more, though—its forecast for 2008 is a 57% margin, give or take a few points.

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