Intel Reports Record Year $54 Billion in Annual Revenue Up 24 Percent, $2.39 in Annual EPS Up 19 Per

[Jaskanwar Singh]

Intel Reports Record Year $54 Billion in Annual Revenue Up 24 Percent, $2.39 in Annual EPS Up 19 Percent

SANTA CLARA, Calif., Jan. 19, 2012 – Intel Corporation today reported full-year revenue of $54 billion, operating income of $17.5 billion, net income of $12.9 billion and EPS of $2.39 -- all records. The company generated approximately $21 billion in cash from operations, paid dividends of $4.1 billion and used $14.1 billion to repurchase 642 million shares of stock.

For the fourth quarter, Intel posted revenue of $13.9 billion, operating income of $4.6 billion, net income of $3.4 billion and EPS of 64 cents. The company generated approximately $6.6 billion in cash from operations, paid dividends of $1.1 billion and used $4.1 billion to repurchase 174 million shares of stock.

“2011 was an exceptional year for Intel,” said Paul Otellini, Intel president and CEO. “With outstanding execution the company performed superbly, growing revenue by more than $10 billion and eclipsing all annual revenue and earnings records. With a tremendous product and technology pipeline for 2012, we’re excited about the global growth opportunities presented by Ultrabook systems, the data center, security and the introduction of Intel-powered smartphones and tablets.”

[deathtroller]

omg... AMD must something fast or else Intel will eat AMD

[buddyram]

There is a hint on AMD backing out from Desktop processors production! THen Intel could still fly high!! AMD

Definitely time has come when AMD should do something to beat Intel otherwise the name of AMD will vanish from the list of chip maker. the competition in the arena of chip marketing is very harsh and to sustain in this arena company will have to pump a huge amount of money and effort in the search and development and this is what AMD need to do now!

[Prime_Coder]

Competition is good for consumers as long as these BIG companies innovate and manufacture high quality products.

Intel always seems to be ahead of the AMD, these figures also show this thing.