Feeds

Intel reports first $11bn-plus quarter

Exuberant but not 'irrationally exuberant'

Top three mobile application threats

Less than two months after Intel lowered Wall Street expectations for its third-quarter, it released said financial info — and the news ain't too shabby: Chipzilla exceeded $11bn in revenues for the first time in its history.

"Intel's third-quarter results set all-time records for revenue and operating income," Intel president and chief executive Paul Otellini said in a prepared statement citing "solid demand from corporate customers, sales of our leadership products and continued growth in emerging markets."

Revenues during the quarter were $11.1bn, up 18 per cent year-on-year. Net income came in at $3bn — up 59 per cent year-on-year — from an operating income of $4.1bn, which was up 60 per cent.

Revenue for both the company's PC Client and Data Center groups was up three per cent quarter-on quarter. The client group had record mobile processor revenue and the server group had record server processor revenue.

In late August, Intel caused a tangible ripple in the moneymen markets when it announced that it was lowering its target for third-quarter revenues from the $11.2bn to $12bn range, moving it down to the $10.8bn and $11.2bn range. At $11.1bn, the company proved to be correct in its estimate.

For the company's fourth quarter, now underway, Intel expects revenues in the $11bn to $11.8bn range. Again, none too shabby — but still below its "irrational exuberance" of earlier in the year, when Chipzilla was talking about a possible $12bn quarter. ®

3 Big data security analytics techniques

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.