Intel Reports Record First Quarter
SANTA CLARA, Calif., Apr 13, 2010 (BUSINESS WIRE) -- Intel Corporation today reported first-quarter revenue of $10.3 billion. The company reported operating income of $3.4 billion, net income of $2.4 billion and EPS of 43 cents.
"The investments we're making in leading edge technology are delivering the most compelling product line-up in our history," said Paul Otellini, Intel president and CEO. "These leadership products combined with growing worldwide demand and continued outstanding execution resulted in Intel's best first quarter ever. Looking forward, we're optimistic about our business as Intel products are designed into a variety of new and exciting segments."
GAAP Financial Comparison
|Q1 2010||vs. Q4 2009||vs. Q1 2009|
|Revenue||$10.3 billion||down 3%||up 44%|
|Operating Income||$3.4 billion||up 38%||up 433%|
|Net Income||$2.4 billion||up 7%||up 288%|
|Earnings Per Share||43 cents||up 3 cents||up 32 cents|
Non-GAAP Financial Comparison
|Q1 2010||vs. Q4 2009|
|Revenue||$10.3 billion||down 3%|
|Operating Income||$3.4 billion||down 8%|
|Net Income||$2.4 billion||down 21%|
|Earnings Per Share||43 cents|