April 20, 2011 12:24 am EDT

Intel shocks everyone, including itself, with record Q1 earnings

This is starting to get a bit repetitive, but we're sure Intel will never tire of hearing it: the chip maker just had its best quarter ever. The company expected to pull in roughly $11.6 billion, topping last quarter (and its previous record) by $500 million. Looks like the company was being conservative enough to make Pat Robertson blush -- it raked in a grand total of $12.8 billion in Q1 of 2011. About $500 million of that discrepancy can be explained by the acquisition of McAfee and Infineon, the rest is thanks to huge increases in sales across all market segments. Now go ahead, Intel, you just pretend to be surprised like last quarter.

Intel shocks everyone, including itself, with record Q1 earnings originally appeared on Engadget on Tue, 19 Apr 2011 20:24:00 EDT. Please see our terms for use of feeds.

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Original Link: http://www.engadget.com/2011/04/19/intel-shocks-everyone-including-itself-with-record-q1-earnings/

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