INTEL CORPORATION

Intel Corporation



Intel Corporation

Introduction

Intel Corporation introduced its fifth consecutive quarter of record revenues, with double-digit growth in all business segments. On a non-GAAP revenue was U.S. $ 13,100 million, operating income was U.S. $ 4,200 million, and net income was U.S. $ 3,200 million and earnings per share (EPS) of 59 cents. On a GAAP basis, the company reported second-quarter revenue of U.S. $ 13,000 million, operating income of U.S. $ 3,900 million, net income of U.S. $ 3,000 million and EPS of 54 cents. The company generated approximately U.S. $ 4,000 million in cash from the operation, paid cash dividends U.S. $ 961 million and U.S. $ 2,000 million used to repurchase 93 million shares.

Main Body

Intel Corporation announced record revenues for the fiscal quarter for the fifth consecutive year, with both business units of the company's annual growth in revenue exceeded 10 percent, and, without the use of generally accepted accounting principles, the company's revenue in the second quarter of fiscal year 2011 was a record U.S. $ 13.1 billion. The operating income amounted to $ 4.2 billion while net income was $ 3.2 billion, and earnings per share were 59 cents. When generally accepted accounting principles (GAAP) were used, the company's revenue in the second quarter of 2011 rose to U.S. $ 13 billion, and operating income was recorded $ 3.9 billion, and net income of $ 3 billion, and earnings per share of 54 cents. The company earned about $ 4 billion in cash from operations, and cash dividends paid to shareholders of $ 961 million, and used two billion dollars to buy back 93 million shares of the shares offered to the public. Paul Otellini, president and CEO of Intel said that they have made a new achievement an essential part in the second quarter, which exceeded the revenues 13 billion U.S. dollars for the first time. It happened because of the windfall to several factors, notably the strong demand from large enterprises to the technology that had the highest progress and the enormous proliferation of mobile devices. There was even high traffic on the Internet, resulting in the growth of the number of data centers and the rapid spread of computers of different kinds in emerging markets. He added: "The growth of our revenues by 23% during the first half of fiscal year 2011 and increase our confidence in the durability of work expected during the second half of the year. The objective to achieve overall growth in our revenues during fiscal year 2011 is estimated at about 25%.

Many companies of high-tech sectors and the Internet revealed their financial results. The Intel also recorded their data at the same time. After a 2008 low, and a recovery in 2009, the giant microprocessor and semiconductor posted a record year in 2010 , remember. The first quarter of 2011 is in the same vein, with an increase of 25% of its turnover and 29% of its net income. Intel has announced revenue of $ ...