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By Tim Conneally, Betanews
Chipmaker Intel Corp. has posted its earnings for the second quarter of 2010, and with revenue of $10.8 billion and a net income of $2.9 billion, declared it to have been the company's best quarter ever.
Strong demand from corporate customers for our most advanced microprocessors helped Intel achieve the best quarter in the company's 42-year history," said Paul Otellini, Intel president and CEO. "Our process technology lead plus compelling architectural designs increasingly differentiate Intel-based products in the marketplace. The PC and server segments are healthy and the demand for leading-edge technology will continue to increase for the foreseeable future."
Intel's Atom line of low-profile, low power chipsets was up 16% over last quarter, reaching revenue of $413 million, and with a slightly higher average selling price for processors, the company had record high revenues in both its mobile processor and server microprocessor categories.
Copyright Betanews, Inc. 2010
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Paul Otellini - Intel Corporation - Net income - Corporation - Personal computer[IMG]http://feeds.feedburner.com/~ff/bn?d=yIl2AUoC8zA[/IMG] [IMG]http://feeds.feedburner.com/~ff/bn?i=phZ0HLhWxHA:0zUP4pK7nWQ:V_sGLiPBpWU[/IMG] [IMG]http://feeds.feedburner.com/~ff/bn?d=qj6IDK7rITs[/IMG]
Chipmaker Intel Corp. has posted its earnings for the second quarter of 2010, and with revenue of $10.8 billion and a net income of $2.9 billion, declared it to have been the company's best quarter ever.
Strong demand from corporate customers for our most advanced microprocessors helped Intel achieve the best quarter in the company's 42-year history," said Paul Otellini, Intel president and CEO. "Our process technology lead plus compelling architectural designs increasingly differentiate Intel-based products in the marketplace. The PC and server segments are healthy and the demand for leading-edge technology will continue to increase for the foreseeable future."
Intel's Atom line of low-profile, low power chipsets was up 16% over last quarter, reaching revenue of $413 million, and with a slightly higher average selling price for processors, the company had record high revenues in both its mobile processor and server microprocessor categories.
Copyright Betanews, Inc. 2010
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