Intel Reports Record Revenue For 2010

The Blue Team has done it again, improving on 2009 with another record year. Up $8.5 billion from the previous year, Intel weighs in with $43.6 billion in revenue. When all is said and done, its net income tops out at $11.7 billion, an increase of $7.3 billion.

All across the board, Intel is in the black. The official press release shows PC Client Group revenue up 21%, Data Centre Group up 35%, revenue from the Atom processor and other chipset revenue up 8% and other architecture group revenue up 27% for the year.

Let me put this in perspective for you by comparing those numbers to Intel’s chief rival, AMD and also in a way that most will find off the wall. AMD’s 4th quarter revenue for 2010 was $1.65 billion, which is up 2% and very respectable when you consider where they were this time a couple years ago. Now stay with me on this one. I found through a simple web search that the country of Lebanon’s operating budget expenditures for 2009 were $11.8 billion. Intel essentially made enough to cover the core budget of an entire country!

With Intel’s new Sandy Bridge processors out now, Ivy Bridge not too far away and Intel’s new deal with NVIDIA that Rob mentioned earlier this week, those numbers are likely to keep going up. Apparently Intel did not get the memo about the global recession.

Intel Corporation today reported full-year revenue of $43.6 billion, operating income of $15.9 billion, net income of $11.7 billion, and EPS of $2.05 – all records. The company generated approximately $16.7 billion in cash from operations, paid cash dividends of $3.5 billion, and used $1.5 billion to repurchase 70 million shares of common stock.