Intel made $9.6 billion in profit last year

Posted on Thursday, Jan 16 2014 @ 22:11 CET by Thomas De Maesschalck
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Intel announced a 2013 revenue of $52.7 billion with net income of $9.6 billion. The company's fourth quarter net earnings were $2.6 billion on revenue of $13.8 billion.
Intel Corporation today reported full-year revenue of $52.7 billion, operating income of $12.3 billion, net income of $9.6 billion and EPS of $1.89. The company generated approximately $20.9 billion in cash from operations, paid dividends of $4.5 billion, and used $2.1 billion to repurchase 94 million shares of stock.

For the fourth quarter, Intel posted revenue of $13.8 billion, operating income of $3.5 billion, net income of $2.6 billion, and EPS of 51 cents. The company generated approximately $6.2 billion in cash from operations, paid dividends of $1.1 billion, and used $528 million to repurchase 22 million shares of stock.

"We had a solid fourth quarter with signs of stabilization in the PC segment and financial growth from a year ago," said Intel CEO Brian Krzanich. “We’ve built a strong foundation for our business by bringing innovation to the market more quickly across a wide range of computing platforms. For example, at CES, we demonstrated multiple devices that weren’t on our roadmap six months ago."

Full-Year 2013 Key Financial Information and Business Unit Trends
  • PC Client Group revenue of $33.0 billion, down 4 percent from 2012.
  • Data Center Group revenue of $11.2 billion, up 7 percent from 2012.
  • Other Intel architecture operating segments revenue of $4.1 billion, down 7 percent from 2012.

    Q4 Key Financial Information and Business Unit Trends
  • PC Client Group revenue of $8.6 billion, up 2 percent sequentially and flat year-over-year.
  • Data Center Group revenue of $3.0 billion, up 3 percent sequentially and up 8 percent year-over-year.
  • Other Intel® architecture operating segments revenue of $1.1 billion, up 4 percent sequentially and up 9 percent year-over-year.
  • Gross margin of 62.0 percent, 1 percentage point above the midpoint of the company's prior expectation of 61 percent.
  • R&D plus MG&A spending of $4.8 billion, slightly above the company's prior expectation of approximately $4.7 billion.
  • Tax rate of 26 percent versus the company's prior expectation of 25 percent.


  • About the Author

    Thomas De Maesschalck

    Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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