Pure Overclock – Computer Hardware News, Reviews and More

 
 
 
 
 

Intel report promising second quarter revenue

Comments Off on Intel report promising second quarter revenue
Posted July 17, 2008 by admin in News

For the second quarter of 2008, Intel says it had revenue of $9.5 billion, up a very healthy 9% from the same time frame a year before but down 2% compared to Q1 2008. The chipmaker has also posted net income of $1.6 billion, up an impressive 25% compared to Q2 2007 and up 11% from Q1 2008. Intel attributes the positive numbers to record mobile processor and chipset sales, higher-than-expected overall processor sales, and gross margin growth from 53.8% in the first quarter to 55.4% in Q2.

Fresh from another strong quarter, Intel expects revenue to go up to $10-10.6 billion in the third quarter, with gross margin to rise to 58%, give or take two points.



Find us on Google+