Intel Q4 revenue up 28% year on year
Intel has announced a fourth quarter revenue of $10.6billion, up $2.8bn year on year – a growth of 28%.
The silicon giant also announced an operating income of $2.5bn and a net income of $2.3bn.
For 2009, Intel's revenue was $35.1bn, with the company announcing a full year operating income of $5.7bn and net income of $4.4bn. The company generated more than $11bn in cash from operations and paid cash dividends of $3.1bn.
Paul Otellini (pictured), Intel's president and ceo, said: "Intel's strong 2009 results reflect our investment in industry leading manufacturing and product innovation. This strategy has enabled us to generate unprecedented operating efficiencies while growing our traditional businesses and creating exciting new market opportunities, even in difficult economic times. Our ability to weather this business cycle demonstrates that microprocessors are indispensable in our modern world. Looking forward, we plan to deliver the benefits of computing to an expanding set of products, markets and customers."
