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Intel Posts Record Third-Quarter Revenue of $10.2 Billion

Intel Corporation today announced record third-quarter revenue of $10.2 billion along with operating income of $3.1 billion, net income of $2 billion and earnings per share (EPS) of 35 cents. Intel cautioned that the current financial crisis has made the technology sector predict its results for the current period, so they didn't say what exactly to expect for Q4.

"Intel delivered the best third-quarter revenue in its history," said Paul Otellini, Intel president and CEO. "We were solidly profitable, with operating income of over $3 billion, reflecting strong across-the-board execution and best-of-class products. Intel delivered the best third-quarter revenue in its history. We were solidly profitable, with operating income of over $3 billion, reflecting strong across-the-board execution and best-of-class products."

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Posted by | Tue, Oct 14, 2008 - 04:37 PM