Recession? What recession? Intel Posts Q4 Net Income: Up 875%

by Reads (2,329)

Things are really going Intel’s way this month.  After a successful chip launch at CES, their newly-posted Q4 results are in, and they’re good.  Essentially, they’re making money hand over fist. 

The big numbers:

  • Q4 revenue: $10.6 billion, up $2.3 billion and 28% year-over-year (YOY)
  • Q4 operating income: $2.5 billion, up $958 million and 62% YOY
  • Q4 net income: $2.3 billion, up $2.0 billion and 875% YOY

So, you know, not bad.

The economy is clearly waking up, so now maybe all of the technology sites can stop forecasting doom and gloom.  No doubt that Intel can thank some of the software companies; both Apple and Microsoft released new versions of their operating systems recently, spurring consumer purchases and industry growth.  Microsoft especially, with its updated version of Windows 7, with both businesses and home users alike purchasing new PCs to get hold of the operating system at rates the company had never experienced before.

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