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Sunday, January 16, 2011

Intel Laughs At Recession

Cnet is running a story today that shows Microprocessor heavyweight Intel is reporting an earnings climb of 48% in the last year.

Here's Intel's Full-Year 2010 Results:

Revenue: $43.6 billion, up $8.5 billion, 24 percent increase year-over-year
Gross margin: 66 percent, up 10 percentage points
Net income: $11.7 billion, up $7.3 billion, or 167 percent
EPS: $2.05, up $1.28, or 166 percent

And here's a link to Cnet's article
Link: Intel's earnings zoom up 48%

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