Intel reports record sales for Q4'04


— 2:28 AM on January 12, 2005

Intel is reporting record-breaking sales for its final quarter of 2004. As a whole, 2004 looks like a pretty good year for the chip giant.

For 2004, Intel posted earnings of $7.5 billion on sales of $34.2 billion, compared to $5.6 billion on sales of $30.1 billion a year earlier. The company's previous sales record was $33.7 billion in 2000.
Intel plans capital expenditures between $4.9 and $5.3 billion for this year—over $1 billion more than last year.
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