Intel Reports Q3 2012 Earnings; Revenues Flat at $13.5 Billion
By on October 18th, 2012

It’s the earnings season again, and Intel was one of the technology giants to report its third quarter earnings. Its revenue in Q3 2012 was $13.5 billion, almost flat compared to the last sequential quarter. Its net income, however, was $3 billion, up 5.1% sequentially. It reported an operating income of nearly $3.8 billion, an generated $5.1 billion in cash from operations.

Paul Otellini, Intel president and CEO, said:

“Our third-quarter results reflected a continuing tough economic environment. The world of computing is in the midst of a period of breakthrough innovation and creativity. As we look to the fourth quarter, we’re pleased with the continued progress in Ultrabooks and phones and excited about the range of Intel-based tablets coming to market.”

The PC Client group which is primarily the consumer PC division generated $8.6 billion in revenue, while the Data Center Group which is the server chip business generated $2.7 billion in revenue.

Intel also projected Q4 2012 revenue at $13.6 billion, slightly higher than current revenue. Intel is trying hard to get a strong foothold in the mobile processor market, which is dominated by ARM. Intel’s future also depends on the success of Microsoft’s Windows 8 on tablets to some extent. The next couple of years might be decisive for Intel.

via Intel – SEC

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