Intel Reports Record 2011 Earnings, Bests Q4 Estimates

[Spartan]

[img]http://www.blogcdn.com/www.engadget.com/media/2012/01/2011-10-18-intel.jpg[/img]


[url="http://www.engadget.com/tag/Intel/"]Intel[/url] just released its fiscal year-end numbers, including its Q4 report, and things are indeed looking up for the company. After [url="http://www.engadget.com/2011/12/12/intel-cuts-q4-revenue-forecast-by-1-billion-due-to-hard-drive-s/"]revising its final quarter estimate[/url] late last December on the heels of supply chain reductions, the chipmaker posted $13.9 billion in revenues on the strength of its PC client and data center group, beating its prior goal of $13.7 billion, but still falling well under its initial $14.7 billion target. As for its full year performance, well it appears this is one for the books, considering revenues grew to $54 billion -- a $10 billion plus year over year boost -- with profits coming in at $12.9 billion, leading 2011's statement to "[eclipse] all annual revenue and earnings records." And with Ultrabooks lingering just on the horizon, the company expects business to continue to boom well into 2012. Need a more detailed look at Intel's bottom line?


http://www.intc.com/common/download/download.cfm?companyid=INTC&fileid=535103&filekey=b740c30f-24ec-4043-9a80-17a29370457a&filename=640998.pdf