Wednesday, April 20, 2011

Intel's net income up 29% in first quarter

World number one microprocessor, Intel, published Tuesday, April 19, net income up 29% and higher expectations for the first quarter to 3.2 billion dollars (2.2 billion euros). Revenues meanwhile rose 25% to $ 12.8 billion (8.8 billion euros). "The revenues for the quarter reached a record high for Intel, fueled by double-digit growth in sales in all major product segments and regions", welcomed the CEO, Paul Otellini said in a statement.

Sales held up well, despite a brake on sales of new processors Sandy Bridge following the discovery of a design flaw. While technology stocks have suffered for a week pessimistic analysis of the computer market - marketing firms Gartner and IDC reported the first decline since the market downturn - Mr.

Otellini was distinctly more optimistic during a teleconference with analysts. BE MORE ACTIVE IN THE MOBILE TERMINALS The head of Intel said the group was taking steps to be more present in mobile devices, including tablets. "We head to the grindstone," he said. The group announced last week that the first tablets or hybrid devices using its platform Oak Trail, based on the Atom chip, come out next month.

In addition, "the server segment has exceeded our expectations, thanks to continued strong demand for data centers," said Chief Financial Officer Stacy Smith. Intel has finally noticed that two of its recent acquisitions, mobile telephony equipment to Infineon and the security company McAfee, had contributed to revenues totaling $ 496 million.

For the quarter just started, Intel expects revenue of between 12.3 and 13.3 billion dollars (8.5 and 9.2 billion euros), much better than what was expected Analysts previously (11.87 billion dollars). Otellini has raised its forecast for capital expenditures, to bet heavily on technology Burning chip finest, 14 and 22 nanometers, particularly promising for small devices.

The action jumped from 4.98% to 20.85 dollars (14.38 euros) in electronic trading after the close of the NYSE.

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