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Intel posts Q2 2013 earnings: revenue of $12.8 billion, net profit of $2 billlion
Intel just posted decidedly mixed results for the second quarter. While it largely matched its outlook from the first quarter with $12.8 billion in revenue and a healthy net profit of $2 billion, it also saw sharp year-over-year drops in revenue from some of its core divisions. The PC Client Group, which makes the brunt of Intel's processors, saw its revenue decline 7.5 percent; the Other Intel Architecture Group, which primarily handles mobile chips, faced a 15 percent drop. Intel hasn't explained the dip, although there are a pair of major factors at work. In addition to facing a very rough PC market, the company only launched its Haswell architecture late in the quarter -- there hasn't been much time for customers to buy the new chips. Intel says there's "strong acceptance" from early Haswell customers, however, and its outlook for the current quarter is slightly rosier as a result -- it expects to make the same $13.5 billion in revenue that we saw a year ago.
Intel reports Q1 earnings: $12.6 billion revenue, $2 billion net income
Intel just reported a quarterly net income of $2 billion, with $12.6 billion in revenue for a total earnings of 40 cents per share. Net income is down 17 percent compared to Q4 2012, when the company reported $2.5 billion in profit. Revenue is also down by seven percent compared to the previous quarter's $13.5 billion. President and CEO Paul Otellini, who is stepping down in May, references the upcoming 14nm transition, saying that the technology will "will significantly increase the value provided by Intel architecture and process technology for our customers and in the marketplace." The earnings call is set to happen soon; we'll report back with any additional news -- on the CEO front or otherwise.
Intel reports Q3 earnings, revenue holds steady at $13.5 billion
Hot off the heels of a slightly disappointing Q2, mega chip-maker Intel's Q3 results are in. Good old Chipzilla managed to wrangle $13.5 billion in revenues with a net profit of $3 billion. While Intel's latest figures reflect a profit of about 5.1 percent sequentially, the company is still taking a dip year over year of around 19 percent. "Our third-quarter results reflected a continuing tough economic environment," said Paul Otellini, Intel's CEO. Happy to take progress in any form during a trying economy, the company's fourth quarter strategy will highly focus on the success of ultrabooks, phones and Intel-powered tablets. While its recent gains may be somewhat slim, last we checked, a win is a win.
Intel reports Q2 earnings: rakes in $13.5 billion, pockets $2.8 billion
Intel is back to its old games in Q2 of 2012, raking in $13.5 billion during the second three month financial period of the year, up from $12.9 billion in the first quarter and a solid five percent year over year. Of that impressive pile of cash, Chipzilla was able to pocket $2.8 billion in net income, up $100,000 from Q1 and three percent from the same time period last year. That equates to a healthy $0.57 per share in earnings, which should make investors happy. PC Client Group enjoyed slow but steady growth, seeing its revenues grow by three percent, but the big story is the Data Center division which saw revenues climb 14 percent to $2.8 billion, sequentially. It's not all wine and roses however, the processor giant also lowered its expectations for Q3 after falling slightly short of its goal this quarter. Growth is expected to continue, but at a much slower rate thanks to the "challenging macroeconomic environment." Of course, an estimated $14.3 billion in Q3 would match its previous earnings record and is hardly anything to sniff at. During today's earnings call Paul Otellini took time to brag about how well the current generation of products was performing. Production had ramped up quicker than previous gen hardware, and was selling better than earlier lines of CPUs. And, though he gave no specifics, he said the company's tracking at least 20 Windows 8 tablets powered by Intel's hardware. The company also said that it credited most of its (admittedly limited) growth in the PC market to reclaiming a tiny sliver of the bottom end from AMD. Otellini also reaffirmed that Clovertrail devices will be on the market just in time to be shoehorned inside Windows 8 tablets at the launch of the new OS.
Intel earnings beat company records: $14.3 billion revenue, $3.7 billion net income
Apple may not have fared as well as expected in its own Q4, but just up the road in Silicon Valley Intel managed to exceed analyst predictions, posting record revenue of $14.3 billion -- up $3.2 billion, or 29 percent year-over-year. The company also set new records for microprocessor units shipped, and expects further growth over the next quarter, with notebook computer sales driving $14.7 billion in predicted Q4 revenue. Jump past the break for an in-depth look at the company's Q3, along with its outlook for the next quarter.
Intel delivers record earnings yet again in Q2 -- let the boardroom bragging begin
We know, you've heard it all before, but the chip maker's once again reporting record revenues, reaching a whopping $13.1 billion in Q2 2011. If you're keeping track, that's up $2.3 billion, or 22 percent, from Q2 2010, and bests last quarter's earnings of $12.9 billion by 2 percent. Net income was up 10 percent year-over-year, but down three percent from last quarter, ringing in at $3.2 billion. As Intel humbly points out, this is the outfit's fifth consecutive quarter of record revenue. So, perhaps a little bit of gloating is in order.
