Intel Posts Record Quarterly Revenue

by Marco Chiappetta — Wednesday, January 16, 2008, 02:30 PM EDT

Intel Posts Record Quarterly Revenue

2007 Operating Income $8.2 Billion, up 45 Percent

Fourth-Quarter Revenue $10.7 Billion, up 10.5 Percent Year-over-Year

Gross Margin 58 Percent, up 8.5 Points Year-over-Year

Operating Income $3 Billion, up 105 Percent Year-over-Year

Record Microprocessor and Chipset Units and Revenue

Net Income $2.3 Billion; EPS 38 Cents

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."

Tags: Intel, revenue, Record, eco, OS, Venue, art, RT, AR

Marco Chiappetta

Marco's interest in computing and technology dates all the way back to his early childhood. Even before being exposed to the Commodore P.E.T. and later the Commodore 64 in the early ‘80s, he was interested in electricity and electronics, and he still has the modded AFX cars and shop-worn soldering irons to prove it. Once he got his hands on his own Commodore 64, however, computing became Marco's passion. Throughout his academic and professional lives, Marco has worked with virtually every major platform from the TRS-80 and Amiga, to today's high end, multi-core servers. Over the years, he has worked in many fields related to technology and computing, including system design, assembly and sales, professional quality assurance testing, and technical writing. In addition to being the Managing Editor here at HotHardware for close to 15 years, Marco is also a freelance writer whose work has been published in a number of PC and technology related print publications and he is a regular fixture on HotHardware’s own Two and a Half Geeks webcast. - Contact: marco(at)hothardware(dot)com