Feeds

Intel flashes investors with Q2 revenue jump

Smooth sailing

  • alert
  • submit to reddit

Protecting users from Firesheep and other Sidejacking attacks with SSL

Motherboards and flash memory sales drove Intel to a strong second quarter, as total revenue jumped 18 per cent year-over-year, the company reported today.

Intel reported revenue of $8.05bn, which compares to $6.8bn posted in the same quarter a year ago. Intel's net income also surged, rising 96 per cent to $1.8bn in this year's second quarter. Earnings per share hit 27 cents versus 14 cents last year.

"Intel continued to post strong year-over-year results in the second quarter as our microprocessor business followed seasonal trends and our communications business grew nicely, led by flash memory," said Intel CEO Craig Barrett.

Intel has long been looking for its flash business to show signs of life, so the uptick in sales must provide some relief. Flash memory sales hit $587m in this year's second quarter as compared to $411m last year.

The story was not quite as bright but still not bad for Intel's main business - microprocessors. Intel pulled in $5.75bn in sales compared to $4.8bn last year. Chipset and motherboard revenue hit $1.02bn compared to $1bn last year.

Intel now expects revenue for the third quarter to come in between $8.6bn and $9.6bn. ®

Related stories

Intel to debut low-end Grantsdales soon
Software maker runs screaming from Itanium
IBM breathes life into Itanium ecosystem

Choosing a cloud hosting partner with confidence

More from The Register

next story
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
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
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
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.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
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?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.