Feeds

Intel's bottom line turns greener than green in Q3

How chipper (ouch)

Beginner's guide to SSL certificates

Intel looked less lumbering and more revitalized in its third quarter. The chip maker boosted revenue 15 per cent to $10.1bn. It also pumped net income higher by 43 per cent to $1.9bn. That's a healthy chunk of change to keep on hand for a rainy day.

It was not too long ago that AMD was wreaking havoc on a bloated, lethargic Intel. Over the past year and a bit, however, Intel has revamped its product line to show better performing chips that consume less power. In addition, the company laid off thousands of workers.

Mobile and server chip sales drove Intel's growth during the third quarter.

Mobile processors, for example, accounted for $2.8bn in revenue this quarter, which compares to $2.2bn in the same period last year. Meanwhile, PC and server chip sales increased to $3.9bn from $3.5bn.

The rising demand for Intel processors did not stop the company from keeping a price war of sorts in play against AMD. Intel's average selling price for products remained flat during the quarter.

Still, Intel managed a significant rise in gross margins to 52.4 per cent - up from 46.9 per cent in the immediately prior quarter - thanks to higher chip shipments and lower manufacturing costs.

Looking forward, Intel expects revenue between $10.5bn and $11.1bn in the fourth quarter.

Investors seemed happy enough with Intel's results and outlook, sending shares up close to five per cent in after-hours trading to $26.70 at the time of this report. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Space Commanders rebel as Elite:Dangerous kills offline mode
Frontier cops an epic kicking in its own forums ahead of December revival
Intel's LAME DUCK mobile chips gobbled by CASH COW
Chipzilla won't have money-losing mobe unit to kick about anymore
First in line to order a Nexus 6? AT&T has a BRICK for you
Black Screen of Death plagues early Google-mobe batch
Ford's B-Max: Fiesta-based runaround that goes THUNK
... when you close the slidey doors, that is ...
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
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.