Legit News
Intel First Quarter Revenue $8.9 Billion
Intel Corporation today announced first-quarter revenue of $8.9 billion, operating income of $1.7 billion, net income of $1.6 billion and earnings per share (EPS) of 27 cents. The results included the effect of a $300-million reversal of previously accrued taxes that increased EPS by approximately 5 cents.
"The strong momentum of our industry-leading Intel® Core™ microarchitecture product family, combined with ongoing structural cost improvements, delivered solid financial results in the first quarter," said Intel President and CEO Paul Otellini. "Our product strength is reflected in the fact that average selling prices for the quarter held up well in a very competitive environment."
Posted by | Wed, Apr 18, 2007 - 11:44 AM
Search
Hot Topics
- Sandy Bridge Overclocking Question(s)
- Intel settles New York antitrust case for $6.5 Million
- PowerColor HD7970 w/ Dual Fan Cooler Announced
- AMD Radeon HD 7950 3GB CrossFire Review
- AMD 1090T AND INTEL 2500K
- AMD 1090T AND INTEL 2500K
- AMD 1090T AND INTEL 2500K
- To Upgrade or not to upgrade?
- GIGABYTE Partners w/ CybperPowerPC To Offer Intel Warranty
- AMD Sends Performance Enhancing Benchmark Pills to LR
Socialize