Intel Reports Record Year, Future Looks Bright
Intel on Thursday reported full-year revenue of $43.6 billion, operating income of $15.9 billion, net income of $11.7 billion, and EPS of $2.05 billion. Can you guess what they all have in common? Each one represents a new record for Intel, which posted its best quarter, and year, in the entire history of the company.
"2010 was the best year in Intel's history. We believe that 2011 will be even better," said Paul Otellini, Intel president and CEO.
In terms of percentages, Intel's revenue for 2010 was 24 percent higher than 2009, while its operating income and net income where an obscene 179 percent and 167 percent higher, respectively.
What's even more impressive is that these are all pre-Sandy Bridge numbers. Intel's Atom processor and chipset products contributed $1.6 billion in revenue, up 8 percent on year, while the average selling price (ASP) of microprocessors in general was slightly up sequentially, Intel said.
