Strong Q3 results for Intel
Intel has announced its strongest second to third quarter growth in over 30 years, with a gross margin of 58% - up seven points sequentially.
The company's Q3 revenue was $9.4billion with an operating income of $2.6bn and net income of $1.9bn.
Intel's president and ceo, Paul Otellini, pictured, said that the strong third quarter results underscore that computing is essential to people's lives and that it proved the importance of technology innovation in leading an economic recovery.
Otellini stated: "This momentum in the current economic climate, plus our product leadership, gives us confidence about our business prospects going forward. As we look ahead, Intel's game changing 32nm process technology will usher in another wave of innovation from new, powerful Intel Xeon server platforms to high performance Intel Core processors to low power Intel Atom processors."
