Feeds

Accounting rules force Intel chip disclosures

No wonder Compaq and Dell are important to Chipzilla

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Changes in the way US corporations have to disclose their financial information have led Intel to release segment information about its business. Similar changes forced IBM last week to show that it had lost $1 billion on PCs last year. According to Intel form 10-K filed with the US Securities and Exchange Commission last Friday, sales to Compaq and Dell accounted for nearly a quarter of all MPU sales in 1998, with 13 per cent and 11 per cent respectively. Overall, Intel's sales of microprocessors accounted for 82 per cent of its turnover, with other elements, including its networking business, only accounting for 18 per cent. According to the filing, the Intel architecture business accounted for $21,545,000,000 of revenue in 1998, while its Computing Enhancement Group, which includes chipsets, embedded products and Flash, turned over $4,047,000,000. The former made an operating profit of $9,077,000,000, while the latter made an operating profit of $358,000,000. However, under the category "All", revenues amounted to $681,000,000, with an effective operating loss of $1,056,000,000. Obviously these "losses" were offset by the big operating profits of its other chip business. The Intel Networking Group does not come under the scope of the new operating rules, nor do some other minor business groups. Intel's next set of financial results comes out on the 14 April. ®

Internet Security Threat Report 2014

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple's iPhone 6 first-day sales are MEANINGLESS, mutters analyst
Big weekend queues only represent fruity firm's supply
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Bill Gates, drugs and the internet: Top 10 Larry Ellison quotes
'I certainly never expected to become rich ... this is surreal'
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
EMC, HP blockbuster 'merger' shocker comes a cropper
Stand down, FTC... you can put your feet up for a bit
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.