Coverage from the PMA 2008 (January 31 - February 2). Get a first-hand look at JVC’s and Samsung’s new 1080p camcorders, the wireless SD Eye-Fi card, Delkin’s Image Router and Panasonic’s new camcorders. » View the complete coverage
Intel reported fourth quarter revenues of $10.7 billion, up 10.5% from Q4 2006. Net profit climbed 27% to $2.3 billion year over year. The results include restructuring charges of $234 million.
Intel CEO Paul Otellini said that Intel was able in Q4 to “[realize] the benefits of our investments in new products and [Intel’s] efforts to drive efficiencies.” The manufacturer said that microprocessor unit volume set a new record during the quarter, while average selling prices remained flat. Chipset unit volume also set a new record, the company said.
For 2007, Intel reported revenues of $38.3 billion and net income of 7.0 billion.