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Intel records Q3 revenue of $10.1 billion USD

Things are looking pretty good in Santa Clara, California these days. Intel today announced that its third quarter revenue reached new records as result of its strong processor portfolio.

The company recorded revenue of $10.1 billion USD -- an increase of 15 percent from Q3 2006. Operating income was also up 64 percent year-over-year to $2.2 billion USD, while net income increased 43 percent to $1.9 billion USD.

"A combination of great products, strong and growing worldwide demand, and operational efficiency from our ongoing restructuring efforts led to record third-quarter revenue and a 64-percent year-over-year gain in operating income," said Paul Otellini, Intel's President and CEO. "Looking forward, we see each of these elements continuing to improve into the fourth quarter. We are very pleased with the results and optimistic about our business."

Intel reports that its microprocessor set new records during the quarter while the average selling price (ASP) remained relatively flat. Intel shipped more than two million quad core processors during Q3.

In addition, chipset and flash memory sales also set new records during the quarter, while motherboard shipments were down.

Intel's third quarter was quite profitable and it expects to record revenue of $10.5 billion USD to $11.1 billion USD during the fourth quarter. The company will have help thanks to its new 45nm-based Penryn desktop/server processors which are due to launch November 12.

Intel will follow-up in the first half of 2008 with new 45nm Menlow platform along with Penryn-based quad core mobile processors during the second half of 2008.

Intel will then crank things up even further with its 45nm Nehalem processors in the summer of 2008.

Intel’s good fortunes during the quarter still weren’t enough to stop job cuts. The company announced in late September that it would cut 10 percent of its IT staff worldwide to “stay agile and stay efficient."

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RE: money
By Radeon117X on 10/16/2007 10:54:35 PM , Rating: 2
I'm with you there mikey....

Why would you want a Celeron M? I hope you mean to do some serious suicide runs on it or something or else i dont know what to think about you.

In any case, these are some profits for Intel. They really pulled off a nice set of combos in the market....with Core 2 Duo, and then with Quad availabilty, all while keeping consumer cost down, with great performance. AMD needs to come back in the game a bit more forcefully (octacore :)) and then prices will go even lower, which is always a good thing for us consumers .

RE: money
By Targon on 10/17/2007 12:19:20 AM , Rating: 2
AMD will eventually release an 8 core processor, but it has been shown that even going to 4 cores provides a minimal benefit for most applications. The big factor there is needing the extra links between the cores, and the complexity of such a thing.

What AMD really needs to do is a bit more in the system architecture area. If AMD pushes for the HTX slot to be used for graphics, and they get NVIDIA to go along with the idea, that could be a HUGE improvement for video card performance(the speed of a HyperTransport link should be so far above PCI Express that performance improvements should be significant). Also, making sure that the other components on most motherboards are connected via a HT link could also lead to performance benefits.

AMD has shown that having the focus be on overall system architecture can lead to significant performance improvements, but with that as their focus, when there is a delay in releasing new system architecture improvements, it lets Intel catch up and pass them.

RE: money
By murphyslabrat on 10/17/2007 9:52:05 AM , Rating: 2
The benefits of a dedicated socket would not be much in terms of bandwidth. Already, PCI-E 2.0 x16 has a theoretical bandwidth of 16GB/s. Where a dedicated socket would prove beneficial is with latencies, especially under AMD's HyperTransport heirarchy.

Where this could provide cost-saving as well as an increase in performance, is cheap video cards utilizing system memory. This access would gain a minor speed boost, but would have half of the latency issues. This would, in turn, increase performance while not requiring any onboard RAM (for the extreme budget models). Meanwhile, we would see an increase in performance for mid-range cards with smaller VRAM buffers, as transfers from main memory to VRAM would start sooner, though run at a similar speed.

"Mac OS X is like living in a farmhouse in the country with no locks, and Windows is living in a house with bars on the windows in the bad part of town." -- Charlie Miller
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