Feeds

Intel overcomes 'weak' line-up during Q2

Asia and laptops boom, US and servers bumble

  • alert
  • submit to reddit

Website security in corporate America

Intel proved once again that it's more regular than a Metamucil salesman by knocking out a solid second quarter.

Intel watched Q2 revenue jump 15 per cent to $9.2bn - a company record for the period. Net income surged as well to $2bn - a 16 per cent year-over-year increase. As has been the case of late, strong mobile processor sales did much of the hard work for Intel.

"Momentum from the first half appears to be continuing as we enter the third quarter," said ebullient CFO Andy Bryant, during a conference call.

Intel made large gains in Asia during the quarter with revenue jumping 28 per cent year-over-year. European revenue also surged nine per cent, while sales in the US dropped five per cent.

The presence of AMD was felt in the period with Intel's Digital Enterprise Group (DEG) processor revenue falling to $4.60bn from $4.68bn one year earlier. Intel admitted that its server processor line-up was not what it should be. AMD managed to beat Intel to market with a 64-bit x86 processor and now has a dual-core server chip first. The technology lead let AMD secure customers such as HP, IBM and Sun Microsystems, while Dell remains loyal to Mother Intel.

"We had a fairly weak product line in 2004," said CEO Paul Otellini. "I think we have done a good job of holding our business through a difficult competitive climate."

That rare admission of defeat comes as Intel faces an antitrust lawsuit from AMD, alleging that Intel used unfair sales tactics to keep its business.

"Intel competes aggressively and fairly around the world," Otellini said. "This formula has led to Intel's success and will not change."

Intel enjoyed a rise in motherboard and chipset revenue and a major jump in mobile processor revenue. Flash memory sales, however, fell.

Third quarter revenue should come in between $9.6bn and $10.2bn, Intel said. ®

Related stories

Apple bounces back into US PC vendor top four
DoD picks Opteron as weapon of mass simulation
Intel slaps 'wide load' tag on new Itanium
EC raids Dell in Intel anti-trust probe
Oracle processor core pricing a comedy of fractions
Date set for Intel's response to AMD antitrust claims

Reducing the cost and complexity of web vulnerability management

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
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
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
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
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.
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.
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.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.