Intel Posts Record Quarterly Revenue
2007 Operating Income $8.2 Billion, up 45 PercentFourth-Quarter Revenue $10.7 Billion, up 10.5 Percent Year-over-YearGross Margin 58 Percent, up 8.5 Points Year-over-YearOperating Income $3 Billion, up 105 Percent Year-over-YearRecord Microprocessor and Chipset Units and RevenueNet Income $2.3 Billion; EPS 38 Cents
2007 Operating Income $8.2 Billion, up 45 Percent
SANTA CLARA, Calif., Jan. 15, 2008 – Intel Corporation today announced record fourth-quarter revenue of $10.7 billion, operating income of $3 billion, net income of $2.3 billion and earnings per share (EPS) of 38 cents. For 2007, operating income grew 45 percent, reflecting the company's ongoing efficiency programs, with profits growing significantly faster than revenue.
"2007 was a breakthrough year for innovation at Intel," said Paul Otellini, Intel president and CEO. "We realized the benefits of our investments in new products and our efforts to drive efficiencies. Our customers embraced the Intel® Core™ microarchitecture, extending our competitive leadership and driving a significant gain in operating results. We enter 2008 with the best combination of products, silicon technology and manufacturing leadership in our history."
NEWS TIPS |
This site is intended for informational and entertainment purposes only. The contents are the views and opinion of the author and/or hisassociates. All products and trademarks are the property of their respective owners. All content and graphical elements areCopyright © 1999 - 2013 David Altavilla and HotHardware.com, LLC. All rights reserved. Privacy and Terms