July 20, 2011 09:25 pm EDT

Intel delivers record earnings yet again in Q2 -- let the boardroom bragging begin

We know, you've heard it all before, but the chip maker's once again reporting record revenues, reaching a whopping $13.1 billion in Q2 2011. If you're keeping track, that's up $2.3 billion, or 22 percent, from Q2 2010, and bests last quarter's earnings of $12.9 billion by 2 percent. Net income was up 10 percent year-over-year, but down three percent from last quarter, ringing in at $3.2 billion. As Intel humbly points out, this is the outfit's fifth consecutive quarter of record revenue. So, perhaps a little bit of gloating is in order.

Intel delivers record earnings yet again in Q2 -- let the boardroom bragging begin originally appeared on Engadget on Wed, 20 Jul 2011 17:25:00 EDT. Please see our terms for use of feeds.

Permalink | Intel ||Comments

Original Link: http://www.engadget.com/2011/07/20/intel-delivers-record-earnings-yet-again-in-q2-let-the-boardr/

View Full Article

Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

More About this Source Visit Engadget