Intel Reports Q2 Financials

Posted: Jul 15 2009, 7:00am CDT | by , Updated: Aug 11 2010, 3:20pm CDT, in News | Technology News

 

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Intel has announced the financial results for Q2 2009 with overall revenue of $8 billion. Intel does point out that the earnings announced do not include the effects of the massive European Commission fine levied against it.

Intel reports a non-GAAP operating income of $1.4 billion and a net income of $1 billion with earnings per share of 18 cents. On a GAAP basis, Intel reports an operating loss of $12 million and a net loss of $398 million.

That equates to a loss of 7 cents per share. Gross margin for the quarter was higher than Intel expected at 50.8% and Intel says that the average selling price for microprocessors was down sequentially. At the same time, revenue from the Atom line was up 65% sequentially to $362 million.

Via Intel

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Tech and Car expert Shane McGlaun (Google) reports about what's new in these two sectors. His extensive experience in testing cars, computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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