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unknown multiplier
ARM can give Intel competition even in servers.
resistion
Even marketing will take a turn as the PC and maybe every personal device is ...
Intel beats estimates on record sales
Dylan McGrath
1/13/2011 7:30 PM EST
SAN FRANCISCO—Intel Corp. Thursday (Jan. 13) reported record sales for the fourth quarter and full year 2010, beating analysts' expectations. The No. 1 chip vendor also said it would boost capital spending this year by 73 percent compared with last year.
"2010 was the best year in Intel's history," said Paul Otellini, Intel president and CEO, in a statement. "We believe that 2011 will be even better,”
Intel (Santa Clara, Calif.) said fourth quarter sales reached $11.5 billion, up 3 percent compared with the third quarter of 2010 and up 8 percent compared with the fourth quarter of 2009. The company posted a net income for the quarter of $3.4 billion, or 59 cents per share, up 15 percent from the third quarter and up 48 percent compared to the fourth quarter of 2009.
Intel's fourth quarter results exceed consensus analysts' expectations, which called for sales of $11.37 billion and earnings per share of 59 cents, according to Yahoo Finance.
For the full year 2010, Intel reported sales of $43.6 billion, up 24 percent compared with 2009. The company posted a net income of $11.7 billion, or $2.05 per share, up 75 percent compared with 2009.
Intel said it expects sales for the first quarter of 2011 to be between $11.1 billion and $11.9 billion. The company said it expects capital spending for 2011 to be about $9 billion, up about 73 percent from $5.2 billion in 2010.
Intel President and CEO Paul Otellini said the company's goal is to grow revenue by 10 percent in 2011.
Intel said the average selling price for microprocessors increased slightly during the fourth quarter. The company said its PC Client Group revenue was flat sequentially, while Data Center Group revenue grew 15 percent and other Intel Architecture Group remained flat. Atom microprocessor and chip set revenue of $391 million was also flat sequentially, Intel said.
Intel said it recorded a net gain of $140 million from equity investments and interest, better than the company’s expectations. Intel said it expects to gain $200 million in the first quarter of 2011 from equity investments and interest.
In the first quarter, Intel expects to spend about $3.4 billion on R&D plus mergers and acquisitions, flat with what it spent in the fourth quarter of 2010.
"2010 was the best year in Intel's history," said Paul Otellini, Intel president and CEO, in a statement. "We believe that 2011 will be even better,”
Intel (Santa Clara, Calif.) said fourth quarter sales reached $11.5 billion, up 3 percent compared with the third quarter of 2010 and up 8 percent compared with the fourth quarter of 2009. The company posted a net income for the quarter of $3.4 billion, or 59 cents per share, up 15 percent from the third quarter and up 48 percent compared to the fourth quarter of 2009.
Intel's fourth quarter results exceed consensus analysts' expectations, which called for sales of $11.37 billion and earnings per share of 59 cents, according to Yahoo Finance.
For the full year 2010, Intel reported sales of $43.6 billion, up 24 percent compared with 2009. The company posted a net income of $11.7 billion, or $2.05 per share, up 75 percent compared with 2009.
Intel said it expects sales for the first quarter of 2011 to be between $11.1 billion and $11.9 billion. The company said it expects capital spending for 2011 to be about $9 billion, up about 73 percent from $5.2 billion in 2010.
Intel President and CEO Paul Otellini said the company's goal is to grow revenue by 10 percent in 2011.
Intel said the average selling price for microprocessors increased slightly during the fourth quarter. The company said its PC Client Group revenue was flat sequentially, while Data Center Group revenue grew 15 percent and other Intel Architecture Group remained flat. Atom microprocessor and chip set revenue of $391 million was also flat sequentially, Intel said.
Intel said it recorded a net gain of $140 million from equity investments and interest, better than the company’s expectations. Intel said it expects to gain $200 million in the first quarter of 2011 from equity investments and interest.
In the first quarter, Intel expects to spend about $3.4 billion on R&D plus mergers and acquisitions, flat with what it spent in the fourth quarter of 2010.
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resistion
1/13/2011 9:11 PM EST
Scary, to count on boutique, low-volume (i.e., data center server) products only. Sort of like Sun Micro.
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Warren
1/14/2011 11:38 AM EST
I don't think the Intel folks are all that scared (nor do I think their revenue sources too skewed). I also don't see them sitting back and counting on anything.
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resistion
1/14/2011 12:43 PM EST
The revenue growth is skewed with different emphasis than before, servers not notebooks. The tablet factor at work. It changes the x86 market dynamic.
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goafrit
1/14/2011 7:58 AM EST
Intel is on the rise and really good on marketing. I am sure that emerging markets will continue to drive this company. The simple fact is that Intel is executing across all cylinders. I give them credit.
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luting
1/14/2011 10:05 AM EST
I am always impressed by Intel's marketing. Most consumer ASIC/ASSP ASP prices will be driven so low that IC vendors could barely make money before it hits less than half of Intel's volume. I don't know how Intel convinces big players such as Dell and HP to continue paying them premium price for their processors at such high volume.
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gutiea
1/14/2011 5:05 PM EST
Partly because their competitors manage to be late by 24 month to everything they attempt.
Intel has been executing extremely well for a very long time, that tells a lot of the internal dynamic of the company that focuses on product and market success, and spends little time pursuing public subsidies and suing competitors.
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yalanand
1/14/2011 1:01 PM EST
Intel is very smart player, no doubt they will continue to lead the market. They recently settled lawsuit against NVIDIA for a sum of ~ 2Billion, similar to ARM which they couple of years back.
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resistion
1/15/2011 8:04 AM EST
Even marketing will take a turn as the PC and maybe every personal device is inevitably virtualized into the cloud. Data center managers obviously will focus on 24/7 power consumption.
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unknown multiplier
1/17/2011 6:47 PM EST
ARM can give Intel competition even in servers.
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