Mobile Products Propel Intel To Record Second Quarter - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Business & Finance
News
7/19/2005
05:00 PM
50%
50%

Mobile Products Propel Intel To Record Second Quarter

Intel reported net income of $2 billion on revenue of $9.2 billion, compared with net income of $1.8 billion on revenue of $8 billion a year ago.

Processors for notebook computers continue to lead the way for Intel, which on Tuesday reported record second-quarter revenue, although revenue and earnings were both down from the first quarter.

For the quarter ending July 2, Intel reported net income of $2 billion on revenue of $9.2 billion, compared with net income of $1.8 billion on revenue of $8 billion in the second quarter of 2004, and with net income of $2.2 billion on revenue of $9.4 billion in the first quarter of this year.

Intel advised that it expects its third-quarter revenue to be between $9.6 billion and $10.2 billion.

For the first half of 2005, Intel reported net income of $4.2 billion on revenue of $18.7 billion, compared with net income of $3.5 billion on revenue of $16.1 billion in the first half of 2004.

"Intel delivered record second-quarter revenue with growth of 15% versus a year ago led by strong demand for our notebook platforms," said Paul Otellini, president and CEO of Intel, in a statement. "Our investments in new products, advanced silicon capacity, and emerging markets are paying off with growth that is outpacing the industry."

In the second half of the year Intel plans to ramp up dual-core processors into high volume, begin production using a 65-nanometer manufacturing process, and introduce new platform-level products, Otellini said.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
News
COVID-19: Using Data to Map Infections, Hospital Beds, and More
Jessica Davis, Senior Editor, Enterprise Apps,  3/25/2020
Commentary
Enterprise Guide to Robotic Process Automation
Cathleen Gagne, Managing Editor, InformationWeek,  3/23/2020
Slideshows
How Startup Innovation Can Help Enterprises Face COVID-19
Joao-Pierre S. Ruth, Senior Writer,  3/24/2020
Register for InformationWeek Newsletters
Video
Current Issue
IT Careers: Tech Drives Constant Change
Advances in information technology and management concepts mean that IT professionals must update their skill sets, even their career goals on an almost yearly basis. In this IT Trend Report, experts share advice on how IT pros can keep up with this every-changing job market. Read it today!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll