Intel reported record quarterly revenue of $10.7 billion for Q4 2007, up 10.5% year-over-year. Net income was $2.3 billion, up 51% from Q4 2006. For the full year 2007, operating income grew 45% to $8.2 billion on revenue of $38.3 billion, an 8% increase. Looking ahead, Intel expects Q1 2008 revenue to be between $9.4-10 billion and gross margin of 56% plus or minus a couple points.
2012 Federal Budget - Scientific Research & Experimental Development (SR&ED) ...MNP LLP
Innovation has become critical in the manufacturing industry. Global competition, the need to do more with less, and labour issues mean that companies must develop new ideas and processes if they want to stay in the game. In Budget 2012 the Canadian government announced a number of changes to the way it fosters innovation that could help manufacturers deal with the challenges they face.
2012 Federal Budget - Scientific Research & Experimental Development (SR&ED) ...MNP LLP
Innovation has become critical in the manufacturing industry. Global competition, the need to do more with less, and labour issues mean that companies must develop new ideas and processes if they want to stay in the game. In Budget 2012 the Canadian government announced a number of changes to the way it fosters innovation that could help manufacturers deal with the challenges they face.
AIVtech International Group (OTC: ECOH) focuses on the integration of electronic products, such as multimedia speakers and video games, with furniture and has coined the term "electronic furniture" to describe its products.
AIVtech International Group (OTC: ECOH) focuses on the integration of electronic products, such as multimedia speakers and video games, with furniture and has coined the term "electronic furniture" to describe its products.
This document brings together a set
of latest data points and publicly
available information relevant for
Technology Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
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Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
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Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
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Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
1. Intel Corporation
2200 Mission College Blvd.
P.O. Box 58119
Santa Clara, CA 95052-8119
CONTACTS: Michael Sullivan Tom Beermann
Investor Relations Media Relations
408-765-9785 408-765-6855
michael.sullivan@intel.com tom.beermann@intel.com
INTEL POSTS RECORD QUARTERLY REVENUE
2007 Operating Income $8.2 Billion, up 45 Percent
• Fourth-Quarter Revenue $10.7 Billion, up 10.5 Percent Year-over-Year
• Gross Margin 58 Percent, up 8.5 Points Year-over-Year
• Operating Income $3 Billion, up 105 Percent Year-over-Year
• Record Microprocessor and Chipset Units and Revenue
• Net Income $2.3 Billion; EPS 38 Cents
SANTA CLARA, Calif., Jan. 15, 2008 – Intel Corporation today announced record fourth-
quarter revenue of $10.7 billion, operating income of $3 billion, net income of $2.3 billion and
earnings per share (EPS) of 38 cents. For 2007, operating income grew 45 percent, reflecting the
company’s ongoing efficiency programs, with profits growing significantly faster than revenue.
“2007 was a breakthrough year for innovation at Intel,” said Paul Otellini, Intel president
and CEO. “We realized the benefits of our investments in new products and our efforts to drive
efficiencies. Our customers embraced the Intel® Core™ microarchitecture, extending our
competitive leadership and driving a significant gain in operating results. We enter 2008 with the
best combination of products, silicon technology and manufacturing leadership in our history.”
– more –
2. Intel/Page 2
Q4 2007 vs. Q4 2006 vs. Q3 2007
Revenue $10.7 billion +10.5% +6%
Operating Income $3 billion +105% +42%
Net Income $2.3 billion +51% +27%
EPS 38 cents +46% +27%
Results for the fourth quarter of 2007 included the effects of restructuring and asset impairment charges that
reduced operating income by $234 million and EPS by approximately 2.5 cents. Results for the fourth quarter of
2006 included the effects of restructuring and asset impairment charges that reduced operating income by $457
million as well as a divestiture gain recorded in “interest and other, net.” The charges and gain resulted in a net
increase to EPS of approximately 1 cent.
For 2007, Intel achieved revenue of $38.3 billion, operating income of $8.2 billion, net
income of $7 billion and EPS of $1.18. Intel generated more than $12 billion in cash from
operations, paid record cash dividends of $2.6 billion and used $2.75 billion to repurchase 111
million shares of common stock.
2007 vs. 2006
Revenue $38.3 billion +8%
Operating Income $8.2 billion +45%
Net Income $7 billion +38%
EPS $1.18 +37%
Financial Review
• Record revenue of $10.7 billion was $88 million below the midpoint of expectations.
Revenue for computing-related products was as expected while revenue for NAND memory
was lower than expected, primarily due to lower average selling prices (ASPs).
• Gross margin was 58.1 percent, up 6.9 points from the third quarter driven by higher unit
volumes and lower unit costs, 45nm microprocessor qualification and lower 45nm start-up
costs. Gross margin in the third quarter reflected the impact of a legal settlement.
• Spending was in line with expectations.
• Restructuring and asset impairment charges of $234 million were higher than the previous
forecast of $130 million due to an impairment of NOR flash assets related to the proposed
Numonyx transaction.
Key Product Trends (Sequential)
• Total microprocessor units set a record; the ASP was flat.
• Chipset units set a record.
• Total flash units were flat.
–more–
3. Intel/Page 3
Business Outlook
Intel’s Business Outlook for the first quarter of 2008 does not include the potential
impact of mergers, acquisitions, divestitures or other business combinations that may be
completed after Jan. 14. Intel’s Business Outlook for the full year reflects the expectation that the
Numonyx transaction will close during the first quarter.
Q1 2008 Outlook
• Revenue: Between $9.4 billion and $10 billion.
• Gross margin: 56 percent plus or minus a couple of points.
• Spending (R&D plus MG&A): Between $2.8 billion and $2.9 billion.
• Restructuring and asset impairment charges: Approximately $100 million.
• Net gains from equity investments and interest and other: Approximately $175 million.
• Tax rate: Approximately 31 percent.
• Depreciation: Approximately $1.1 billion.
2008 Outlook
• Gross margin: 57 percent plus or minus a few points.
• R&D: Approximately $5.9 billion.
• MG&A: Approximately $5.5 billion.
• Capital spending: $5.2 billion plus or minus $200 million.
• Tax rate: Approximately 31 percent.
• Depreciation: $4.4 billion plus or minus $100 million.
The above statements and any others in this document that refer to plans and expectations
for the first quarter, the year and the future are forward-looking statements that involve a number
of risks and uncertainties. Many factors could affect Intel’s actual results, and variances from
Intel’s current expectations regarding such factors could cause actual results to differ materially
from those expressed in these forward-looking statements. Intel presently considers the factors
set forth below in the section titled “Risk Factors” to be the important factors that could cause
actual results to differ materially from the corporation’s published expectations.
Recent Highlights
• Intel generated record unit shipments of microprocessors and chipsets for the fourth quarter
of 2007 and the year.
–more–
4. Intel/Page 4
• Intel introduced 32 microprocessors based on the company’s breakthrough 45nm process
technology with Hafnium-based high-k metal gate technology, extending the company’s
leadership in energy-efficient processing. Intel’s 45nm ramp has been the fastest in company
history.
• At the International Consumer Electronics Show, Intel described new low-power, low-cost
Intel processors designed to bring the Internet to consumer electronics (CE) devices for the
living room and ultra-mobile devices that can fit in one’s pocket. Intel’s processor for CE
devices, code-named Canmore, will support 1080p video, 7.1 surround-sound audio and 3-D
graphics.
Risk Factors
• Factors that could cause demand to be different from Intel's expectations include changes in
business and economic conditions, including conditions in the credit market that could affect
consumer confidence; customer acceptance of Intel’s and competitors’ products; changes in
customer order patterns, including order cancellations; and changes in the level of inventory
at customers. Intel’s results could be affected by the timing of closing of acquisitions and
divestitures.
• Intel operates in intensely competitive industries that are characterized by a high percentage
of costs that are fixed or difficult to reduce in the short term and product demand that is
highly variable and difficult to forecast. Additionally, Intel is in the process of transitioning
to its next generation of products on 45nm process technology, and there could be execution
issues associated with these changes, including product defects and errata along with lower
than anticipated manufacturing yields. Revenue and the gross margin percentage are affected
by the timing of new Intel product introductions and the demand for and market acceptance
of Intel's products; actions taken by Intel's competitors, including product offerings and
introductions, marketing programs and pricing pressures and Intel’s response to such actions;
Intel’s ability to respond quickly to technological developments and to incorporate new
features into its products; and the availability of sufficient components from suppliers to
meet demand.
• The gross margin percentage could vary significantly from expectations based on changes in
revenue levels; product mix and pricing; capacity utilization; variations in inventory
valuation, including variations related to the timing of qualifying products for sale; excess or
obsolete inventory; manufacturing yields; changes in unit costs; impairments of long-lived
assets, including manufacturing, assembly/test and intangible assets; and the timing and
execution of the manufacturing ramp and associated costs, including start-up costs.
• Expenses, particularly certain marketing and compensation expenses, vary depending on the
level of demand for Intel's products, the level of revenue and profits, and impairments of
long-lived assets.
• Intel is in the midst of a structure and efficiency program that is resulting in several actions
that could have an impact on expected expense levels and gross margin. Intel is also in the
midst of forming Numonyx, a private, independent semiconductor company, together with
STMicroelectronics N.V. and Francisco Partners L.P. A change in the financial performance
of the contributed businesses could have a negative impact on our financial statements.
Intel’s equity proportion of the new company’s results will be reflected on its financial
statements below operating income and with a one quarter lag. The results could have a
negative impact on Intel’s overall financial results.
–more–
5. Intel/Page 5
• The tax rate expectation is based on current tax law and current expected income. The tax
rate may be affected by the jurisdictions in which profits are determined to be earned and
taxed; changes in the estimates of credits, benefits and deductions; the resolution of issues
arising from tax audits with various tax authorities, including payment of interest and
penalties; and the ability to realize deferred tax assets.
• Gains or losses from equity securities and interest and other could vary from expectations
depending on fixed income and equity market volatility; gains or losses realized on the sale
or exchange of securities; gains or losses from equity method investments; impairment
charges related to marketable, non-marketable and other investments; interest rates; cash
balances; and changes in fair value of derivative instruments.
• Intel’s results could be affected by the amount, type, and valuation of share-based awards
granted as well as the amount of awards cancelled due to employee turnover and the timing
of award exercises by employees.
• Intel's results could be impacted by adverse economic, social, political and
physical/infrastructure conditions in the countries in which Intel, its customers or its
suppliers operate, including military conflict and other security risks, natural disasters,
infrastructure disruptions, health concerns and fluctuations in currency exchange rates.
• Intel's results could be affected by adverse effects associated with product defects and errata
(deviations from published specifications), and by litigation or regulatory matters involving
intellectual property, stockholder, consumer, antitrust and other issues, such as the litigation
and regulatory matters described in Intel's SEC reports.
A detailed discussion of these and other factors that could affect Intel’s results is included
in Intel’s SEC filings, including the report on Form 10-Q for the quarter ended Sept. 29, 2007.
Status of Business Outlook
During the quarter, Intel’s corporate representatives may reiterate the Business Outlook
during private meetings with investors, investment analysts, the media and others. From the close
of business on March 7 until publication of the company’s first-quarter 2008 earnings release,
Intel will observe a “Quiet Period” during which the Business Outlook disclosed in the
company’s press releases and filings with the SEC should be considered to be historical,
speaking as of prior to the Quiet Period only and not subject to an update by the company.
Analyst Meeting
The company plans to hold the Intel 2008 Investor Meeting on March 5-6. Webcast
opportunities and presentations will be posted on the company’s investor relations Web site at
intc.com.
Earnings Webcast
–more–
6. Intel/Page 6
Intel will hold a public webcast at 2:30 p.m. PST today on its Investor Relations Web site
at intc.com. A webcast replay and MP3 audio download will also be made available on the site.
Intel, the world leader in silicon innovation, develops technologies, products and
initiatives to continually advance how people work and live. Additional information about Intel
is available at www.intel.com/pressroom and at blogs.intel.com.
– 30 –
Intel, the Intel logo and Intel Core are trademarks of Intel Corporation in the United States and other countries.
* Other names and brands may be claimed as the property of others.
7. Intel/Page 7
INTEL CORPORATION
CONSOLIDATED SUMMARY INCOME STATEMENT DATA
(In millions, except per share amounts)
Three Months Ended Twelve Months Ended
Dec. 29, Dec. 30, Dec. 29, Dec. 30,
2007 2006 2007 2006
NET REVENUE $ 10,712 $ 9,694 $ 38,334 $ 35,382
Cost of sales 4,486 4,884 18,430 17,164
GROSS MARGIN 6,226 4,810 19,904 18,218
Research and development 1,481 1,426 5,755 5,873
Marketing, general and administrative 1,462 1,434 5,401 6,096
Restructuring and asset impairment charges 234 457 516 555
Amortization of acquisition-related
intangibles and costs 2 5 16 42
OPERATING EXPENSES 3,179 3,322 11,688 12,566
OPERATING INCOME 3,047 1,488 8,216 5,652
Gains (losses) on equity investments, net (19) 7 157 214
Interest and other, net 233 632 793 1,202
INCOME BEFORE TAXES 3,261 2,127 9,166 7,068
Provision for taxes 990 626 2,190 2,024
NET INCOME $ 2,271 $ 1,501 $ 6,976 $ 5,044
BASIC EARNINGS PER COMMON SHARE $ 0.39 $ 0.26 $ 1.20 $ 0.87
DILUTED EARNINGS PER COMMON SHARE $ 0.38 $ 0.26 $ 1.18 $ 0.86
WEIGHTED AVERAGE SHARES OUTSTANDING:
BASIC 5,841 5,764 5,816 5,797
DILUTED 5,988 5,867 5,936 5,880
–more–
8. Intel/Page 8
INTEL CORPORATION
CONSOLIDATED SUMMARY BALANCE SHEET DATA
(In millions)
Dec. 29, Sept. 29, Dec. 30,
2007 2007 2006
CURRENT ASSETS
Cash and cash equivalents $ 7,307 $ 5,844 $ 6,598
Short-term investments 5,490 4,952 2,270
Trading assets 2,566 2,225 1,134
Accounts receivable, net 2,576 2,933 2,709
Inventories:
Raw materials 507 538 608
Work in process 1,460 1,647 2,044
Finished goods 1,403 1,353 1,662
3,370 3,538 4,314
Deferred tax assets 1,186 1,088 997
Other current assets 1,390 846 258
TOTAL CURRENT ASSETS 23,885 21,426 18,280
Property, plant and equipment, net 16,918 16,985 17,602
Marketable equity securities 987 1,061 398
Other long-term investments 4,398 4,081 4,023
Goodwill 3,916 3,917 3,861
Other long-term assets 5,547 5,569 4,204
TOTAL ASSETS $ 55,651 $ 53,039 $ 48,368
CURRENT LIABILITIES
Short-term debt $ 142 $ 137 $ 180
Accounts payable 2,361 2,338 2,256
Accrued compensation and benefits 2,417 1,737 1,644
Accrued advertising 749 702 846
Deferred income on shipments to distributors 625 628 599
Other accrued liabilities 1,938 2,215 1,192
Income taxes payable 339 6 1,797
TOTAL CURRENT LIABILITIES 8,571 7,763 8,514
Long-term taxes payable 785 814 -
Deferred tax liabilities 411 454 265
Long-term debt 1,980 1,853 1,848
Other long-term liabilities 1,142 1,253 989
Stockholders' equity:
Preferred stock - - -
Common stock and capital in excess of par value 11,653 10,695 7,825
Accumulated other comprehensive income (loss) 261 232 (57)
Retained earnings 30,848 29,975 28,984
TOTAL STOCKHOLDERS' EQUITY 42,762 40,902 36,752
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 55,651 $ 53,039 $ 48,368
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9. Intel/Page 9
INTEL CORPORATION
SUPPLEMENTAL FINANCIAL AND OTHER INFORMATION
(In millions)
Q4 2007 Q3 2007 Q4 2006
GEOGRAPHIC REVENUE:
Asia-Pacific $5,338 $5,205 $4,855
50% 52% 50%
Americas $2,098 $2,067 $2,003
19% 20% 21%
Europe $2,231 $1,824 $1,900
21% 18% 19%
Japan $1,045 $994 $936
10% 10% 10%
CASH INVESTMENTS:
Cash and short-term investments $12,797 $10,796 $8,868
Trading assets - marketable debt securities (1) 2,074 1,732 684
Total cash investments $14,871 $12,528 $9,552
TRADING ASSETS:
Trading assets - equity securities
offsetting deferred compensation (2) $492 $493 $450
Total trading assets - sum of 1+2 $2,566 $2,225 $1,134
SELECTED CASH FLOW INFORMATION:
Depreciation $1,108 $1,098 $1,166
Share-based compensation $204 $227 $334
Amortization of intangibles and other acquisition-related costs $63 $65 $61
Capital spending ($1,273) ($1,088) ($1,148)
Stock repurchase program ($1,500) ($750) ($150)
Proceeds from sales of shares to employees, tax benefit & other $838 $908 $288
Dividends paid ($658) ($657) ($576)
Net cash received(used) for divestitures/acquisitions ($2) ($42) $600
EARNINGS PER SHARE INFORMATION:
Weighted average common shares outstanding - basic 5,841 5,837 5,764
Dilutive effect of employee equity incentive plans 96 79 52
Dilutive effect of convertible debt 51 51 51
Weighted average common shares outstanding - diluted 5,988 5,967 5,867
STOCK BUYBACK:
Shares repurchased 57 30 7
Cumulative shares repurchased 2,942 2,885 2,831
Remaining dollars authorized for buyback (in billions) $14.5 $16.0 $17.3
OTHER INFORMATION:
Employees (in thousands) 86.3 88.1 94.1
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10. Intel/Page 10
INTEL CORPORATION
SUPPLEMENTAL OPERATING RESULTS AND OTHER INFORMATION
($ in millions)
Three Months Ended Twelve Months Ended
OPERATING SEGMENT INFORMATION: Q4 2007 Q4 2006 Q4 2007 Q4 2006
Digital Enterprise Group
Microprocessor revenue 4,328 3,855 15,234 14,606
Chipset, motherboard and other revenue 1,411 1,307 5,106 5,270
Net revenue 5,739 5,162 20,340 19,876
Operating income 2,135 928 5,169 3,510
Mobility Group
Microprocessor revenue 2,989 2,668 10,660 9,212
Chipset and other revenue 1,118 925 4,021 3,097
Net revenue 4,107 3,593 14,681 12,309
Operating income 1,683 1,538 5,606 4,595
All Other
Net revenue 866 939 3,313 3,197
Operating loss (771) (978) (2,559) (2,453)
Total
Net revenue 10,712 9,694 38,334 35,382
Operating income 3,047 1,488 8,216 5,652
In the fourth quarter of 2007, we made organizational changes that resulted in the formation of the NAND Products Group operating
segment, which includes the NAND flash memory business that was previously included in the Flash Memory Group operating
segment. The Flash Memory Group primarily includes sales of NOR flash memory products. The NAND Products Group and Flash
Memory Group operating segments are included within the “all other” category.