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-   -   Intel Reports First $11 Billion Revenue Quarter (http://www.hardwarecanucks.com/forum/press-releases-tech-news/37054-intel-reports-first-11-billion-revenue-quarter.html)

FiXT October 13, 2010 09:17 AM

Intel Reports First $11 Billion Revenue Quarter
 
Intel Corporation today reported that third-quarter revenue exceeded $11 billion for the first time, up 18 percent year-over-year to $11.1 billion. The company reported operating income of $4.1 billion, net income of $3.0 billion and EPS of 52 cents. ?Intel?s third-quarter results set all-time records for revenue and operating income,? said Pau... [ Read full article ]

Ikthus October 13, 2010 10:15 AM

Alright Intel you're making stupid amounts of money, time for more price drops :biggrin:

bojangles October 13, 2010 11:02 AM

Wow Intel. They must be doing something right. Time to buy stock? I'll have to take a look at their trading level.

Bohrman October 13, 2010 11:08 AM

Huh looks like they hit a bit of a bump in the 3rd quarter?

sswilson October 13, 2010 12:31 PM

Quote:

“These results were driven by solid demand from corporate customers,
I wonder if the fact that corporate entities are now considering upgrading to win7 from XP is driving any sales of "better" hardware? When you consider the age of most corporate hardware (I'd suspect 5+ years) compared to advances in power savings on current hardware, that's gotta be a driving force as well.

chrisk October 13, 2010 12:37 PM

Businesses were also waiting for the economy to turn around a bit and delayed purchases. I wonder if there was any pent-up demand for new equipment?

sswilson October 13, 2010 12:44 PM

Not in Canada at least.... didn't they have a huge tax break over the last couple of years for business' to upgrade PC hardware?

SugarJ October 13, 2010 02:51 PM

Quote:

Originally Posted by sswilson (Post 438561)
Not in Canada at least.... didn't they have a huge tax break over the last couple of years for business' to upgrade PC hardware?

There was a temporary bump up in the percentage businesses were allowed to write off in one year as part of an economy stimulation plan. Years ago computer hardware used to be a 33% depreciation rate, and software was 50%. IIRC they bumped both up significantly to attract businesses into spending some capital.

Back OT, I was surprised to see that the average price of processors sold had increased year over year. Maybe due to the increase in business server sales?

_dangtx_ October 13, 2010 03:40 PM

theyre getting greedier and greedier. hows amd doing? btw anyone took a look at intel's stocks? :)

belgolas October 13, 2010 04:19 PM

Hey Intel want to give me some of the loot?......


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