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Intel net profit up 25 percent

Posted on Tuesday, July 15 2008 @ 23:16:25 CEST by


Intel just reported strong second quarter financial results, the company booked a net profit of $1.6 billion on a revenue of $9.5 billion. Earnings per share are 28 cents, up more than 25 percent compared to last year's 22 cents per share.
Intel Corporation today announced record second-quarter revenue of $9.5 billion, operating income of $2.3 billion, net income of $1.6 billion and earnings per share (EPS) of 28 cents.

"Intel had another strong quarter with revenue at the high end of expectations and earnings up substantially year over year," said Paul Otellini, Intel president and CEO. "As we enter the second half, demand remains strong for our microprocessor and chipset products in all segments and all parts of the globe."



 



 

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