Tuesday, October 12, 2010

Intel reports record $11.1 billion revenue, brings home $3 billion in bacon

Looks like Intel's having its best quarter ever all over again: this time, the company's reporting $3.0 billion in profit on a record $11.1 billion in revenue. Chipzilla attributes the surplus to three percent increases in laptop and server chips sales respectively, but none to Atom-based netbooks -- sales of Atom chips actually decreased by four percent. That may be more than you needed or wanted to know about the booming processor business, but humanitarians will be pleased to know it's not all about the silicon; Intel also hired 1,300 new flesh-and-blood employees last quarter to keep the machines running.

Intel reports record $11.1 billion revenue, brings home $3 billion in bacon originally appeared on Engadget on Tue, 12 Oct 2010 18:44:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2010/10/12/intel-reports-record-11-1-billion-earnings-brings-home-3-bill/

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