Feeds

Accounting rules force Intel chip disclosures

No wonder Compaq and Dell are important to Chipzilla

  • alert
  • submit to reddit

The essential guide to IT transformation

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. ®

5 things you didn’t know about cloud backup

More from The Register

next story
True fact: 1 in 4 Brits are now TERRORISTS
YouGov poll reveals terrible truth about the enemy within
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?