Well, it seems that things are going absolutely great for the world's largest chip manufacturer, Intel, since the company has just reported the fact that, for the first time in their long history, they've managed to exceeded $11 billion in quarterly revenue, for the Q3, 2010 period, up 18 percent compared to the previous year.
The company reported operating income of $4.1 billion, net income of $3.0 billion and EPS of 52 cents, with a 66 percent gross margin.
The PC Client Group revenue was up 3 percent sequentially, with record mobile microprocessor revenue, while the Data Center Group revenue was up 3 percent sequentially, with record server microprocessor revenue.
Intel Atom microprocessor and chipset revenue of $396 million, down 4 percent sequentially.
The average selling price (ASP) for microprocessors was approximately flat sequentially and up significantly year-over-year.
“Intel’s third-quarter results set all-time records for revenue and operating income,” said Paul Otellini, Intel president and CEO.
“These results were driven by solid demand from corporate customers, sales of our leadership products and continued growth in emerging markets”.
Moreover, Intel's CEO is quite confident about the future and has some pretty big plans for the coming years.
“Looking forward, we continue to see healthy worldwide demand for computing products of all types and are particularly excited about our next-generation processor, codenamed Sandy Bridge, and the many new designs around our Intel Atom processors in everything from the new Google TV products to a wide array of tablets based on Windows, Android and MeeGo operating systems,” Otellini said.
And given the fact that the company's involved in so many different areas, we're pretty sure that their future reach will be even more impressive, perhaps an 11-billion US dollars quarter becoming the standard.
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