Intel Posts Record Third-Quarter Revenue of $10.2 Billion

Intel Corporation has announced record third-quarter revenue of $10.2 billion along with operating income of $3.1 billion, net income of $2 billion and earnings per share (EPS) of 35 cents. "Intel delivered the best third-quarter revenue in its history," said Paul Otellini, Intel president and CEO. "We were solidly profitable, with operating income of over $3 billion, reflecting strong across-the-board execution and best-of-class products."

• Revenue up 8 Percent Sequentially
• Gross Margin 59 Percent; Operating Margin 30 Percent
• Operating Income of $3.1 Billion up 37 Percent Sequentially
• Net Income $2 Billion
• EPS 35 Cents

To read the complete earnings release, click here.