New Games Top Games News Downloads Videos Forums Blogs Shop Advertise
Home PC Xbox PS2 / PS3 PSP Wii DS Mobile
 

Intel Reports First-Quarter Revenue of $12.9 Billion

Posted by deepak | On: Apr 18 2012

 

 

SANTA CLARA, Calif., April 17, 2012 – Intel Corporation today reported quarterly revenue of $12.9 billion, operating income of $3.8 billion, net income of $2.7 billion and EPS of $0.53. The company generated approximately $3.0 billion in cash from operations, paid dividends of $1.0 billion and used $1.5 billion to repurchase stock.

 

“The first quarter was a solid start to what’s expected to be another growth year for Intel,” said Paul Otellini, Intel president and CEO. “In the second quarter we’ll see the first Intel-based smartphones in the market, ship products based on 22nm tri-gate technology in high volume, and accelerate the ramp of our best server product ever, providing a tremendous foundation for growth in 2012 and beyond.”

 

Business Outlook

Intel’s Business Outlook does not include the potential impact of any mergers, acquisitions, divestitures or other business combinations that may be completed after April 17.

 

Q2 2012 (GAAP, unless otherwise stated)

  • Revenue: $13.6 billion, plus or minus $500 million.
  • Gross margin percentage: 62 percent and 63 percent Non-GAAP (excluding amortization of acquisition-related intangibles), both plus or minus a couple of percentage points.
  • R&D plus MG&A spending: approximately $4.6 billion.
  • Amortization of acquisition-related intangibles: approximately $80 million.
  • Impact of equity investments and interest and other: loss of approximately $20 million.
  • Depreciation: approximately $1.6 billion.

 

Full-Year 2012 (GAAP, unless otherwise stated)

  • Gross margin percentage: 64 percent and 65 percent Non-GAAP (excluding amortization of acquisition-related intangibles), both plus or minus a few percentage points, unchanged.
  • Spending (R&D plus MG&A): $18.3 billion, plus or minus $200 million, unchanged.
  • Amortization of acquisition-related intangibles: approximately $300 million, unchanged.
  • Depreciation: $6.4 billion, plus or minus $100 million, down $100 million from prior expectations.
  • Tax Rate: approximately 28 percent down from prior expectations of 29 percent.
  • Full-year capital spending: $12.5 billion, plus or minus $400 million, unchanged.

 

To read More CLICK HERE

 

 

Courtesy: http://newsroom.intel.com

 
New Games Top Games News Downloads Videos Forums Blogs Shop Advertise
Privacy Policy Terms Of Use Feedback RSS About © Artviz Media. 2010 - 2011.