Intel ‘best quarter ever’ – revenue of $10.8 billion

It has been a good year for Intel, they have posted their earnings for the 2nd quarter of 2010 and have reported a revenue of $10.8 billion and a net income of $2.9 billion. This is their best quarter ever recorded.

Paul Otellini, Intel CEO and President said “Strong demand from corporate customers for our most advanced microprocessors helped Intel achieve the best quarter in the company's 42-year history, our process technology lead plus compelling architectural designs increasingly differentiate Intel-based products in the marketplace. The PC and server segments are healthy and the demand for leading-edge technology will continue to increase for the foreseeable future.”

Interestingly the Atom line up of low power chipsets was up 16% over the last quarter and generated a revenue stream of $413 million.

KitGuru says: Intel seem to be on a high recently and we can see no signs of it slowing down either.

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