Feeds

Laptops, servers buoy Intel's results

Bobbing along

  • alert
  • submit to reddit

Security for virtualized datacentres

Laptop and server processor sales helped Intel deliver a moderately successful third quarter. Th chip giant posted $8.5bn in revenue for the period, which is a 8 per cent rise over the same period last year. The total is also in line with a forecast provided by Intel in September when the company lowered its revenue expectations. Net income in this year's third quarter came in at $1.9bn, which is 15 percent higher than last year's total.

Overall, Intel was hurt by weakness in its key microprocessor business. Desktop processor sales came in below expectations, while motherboard and chipset sales came in higher than expected. This mix of products lowered Intel's gross margins. Intel did, however, see success with its laptop and server products.

The company also enjoyed a large boost in Asia-Pacific sales where it moved past the $4bn mark for the first time. Sales in Europe rose as well, while sales in the Americas declined year-over-year.

The quarter certainly wasn't stellar, and Intel admitted that the past year has not turned out like it once expected. The company has suffered from a series of product delays in the consumer segments, more competition from AMD in the low-end server market and still soft sales of its high-end Itanium processor.

"We had a more robust view of the third quarter and the second half three months ago," admitted Intel's Il Duce, President Paul Otellini.

Intel added that inventory levels at its OEM customers remain high. The company expects fourth quarter revenue to come in between $8.6bn and $9.2bn. ®

Related stories

Intel defeats AMD in court
Chip biz slowdown to stretch through Q1 '05
Intel delays Xeon E-0 core update to 29 October

Security for virtualized datacentres

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
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Forget silly privacy worries - help biometrics firms make MILLIONS
Beancounter reckons dabs-scanning tech is the next big moneypit
Microsoft's Office Delve wants work to be more like being on Facebook
Office Graph, social features for Office 365 going public
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
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.
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 for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.