Feeds

Intel grabs market share in Q4

Turning the screws

  • alert
  • submit to reddit

Intelligent flash storage arrays

Intel's Q4 revenue was $7.2bn, 3 per cent up on Q4, 2001. Net income was $1bn, advancing 108 per cent on the same period in 2001.

Not bad at all, but is it enough to call a bottom on the PC manufacturing recession? Probably not, in a statement accompanying the results, CEO Craig Barrett
says: "It appears we have increased our market segment share in microprocessors, chipsets, graphics, motherboards, flash, PDA microprocessors and LAN-on-motherboard gigabit Ethernet connections."

So, Intel's sales uptick has come at the expense of competitors. And it shows little sign of relaxing, even though it is cutting its capex in 2003 by about a quarter. This year it is budgeting $3.5bn to $3.9bn, down from $4.7bn last year.

Bad news for semiconductor equipment suppliers, but good news, short-term anyway, for investors. An competitors? Intel's capex remains huge, compared with, say AMD. Even at this reduced level, it continues to outgun the competition.

In 2003, says Barrett, Intel will "continue to deploy advanced technology, further our silicon leadership, deliver industry-leading products, and improve our competitiveness and cost structure so we can continue to outperform now and when the economic picture improves.” There, in a nutshell, is why AMD and IBM are huddling together for capex warmth.

Full year revenue in 2002 was up one per cent to $28.6bn, while net income was up $3.1bn, up 141 per cent from $26.5bn in 2001. ®

Related story

AMD, IBM pool chipmaking development

Choosing a cloud hosting partner with confidence

More from The Register

next story
'Kim Kardashian snaps naked selfies with a BLACKBERRY'. *Twitterati gasps*
More alleged private, nude celeb pics appear online
Wanna keep your data for 1,000 YEARS? No? Hard luck, HDS wants you to anyway
Combine Blu-ray and M-DISC and you get this monster
US boffins demo 'twisted radio' mux
OAM takes wireless signals to 32 Gbps
Google+ GOING, GOING ... ? Newbie Gmailers no longer forced into mandatory ID slurp
Mountain View distances itself from lame 'network thingy'
EMC, HP blockbuster 'merger' shocker comes a cropper
Stand down, FTC... you can put your feet up for a bit
Apple flops out 2FA for iCloud in bid to stop future nude selfie leaks
Millions of 4chan users howl with laughter as Cupertino slams stable door
Students playing with impressive racks? Yes, it's cluster comp time
The most comprehensive coverage the world has ever seen. Ever
Run little spreadsheet, run! IBM's Watson is coming to gobble you up
Big Blue's big super's big appetite for big data in big clouds for big analytics
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.