People@TGDaily

10 things you didn't know about...
Read more at
   SmallNetBuilder.com
Try our new and free
Price Comparison Service
Intel Q4 profit surges to $2.3 billion PDF Print E-mail
Business and Law
By Wolfgang Gruener   
Tuesday, January 15, 2008 15:48
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.

Comments (2)Add Comment
Jan 15, 2008 19:36     
Jan 24, 2008 19:09     

Write comment
smaller | bigger

busy
Recommend article:
Slashdot
Digg
Delicious
Technorati
YahooMyWeb
Stumble
NewsVine
Ma.gnolia
Subscribe to the TG Daily Newsletter
Email:
 

Shop Keywords: Intel, Q42007

-view -business -118 --118
Powered By Page_Cache by Ircmaxell
Generated in 2.45526599884 Seconds