Intel's Q2 Profits Hit All Time High at $2.9b

Ryan Whitwam

Sometimes it escapes our attention that people are still buying huge numbers of PCs these days. Intel's quarterly profit announcement reminded everyone of that today with news that the chip maker had record profits of $2.9 billion . Not to belabor the point, but that is all raw profit, not revenue.

The new numbers display a solid increase of $445 million over last quarter, and a massive $3.3 billion increase from last year. Not only did regular CPU sales blow up, but Atom revenue was up a respectable 16%. Any way you slice it, it's good to be Intel right now. Did you buy any Intel chips in the last few months? Upon reflection, we realized we may have more than a little to do with their profits.

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