Intel reported record second quarter revenue of $9.5 billion, up 9% year-over-year. Net income was $1.6 billion, a 25% increase from the previous year. Operating income grew 67% to $2.3 billion. Looking ahead, Intel expects third quarter revenue between $10-10.6 billion and gross margin around 58%.
“The message is loud and clear,” said Jagannadham Thunuguntla, chief executive of SMC Group, a brokerage firm based here. “The government seems to be saying that it has done as much as it could and there is no headroom left and has pretty much left corporates to fend for themselves.”
Elijah Charles from Intel presented this deck at the 2016 HPC Advisory Council Switzerland Conference.
"The Exascale computing challenge is the current Holy Grail for high performance computing. It envisages building HPC systems capable of 10^18 floating point operations under a power input in the range of 20-40 MW. To achieve this feat, several barriers need to be overcome. These barriers or “walls” are not completely independent of each other, but present a lens through which HPC system design can be viewed as a whole, and its composing sub-systems optimized to overcome the persistent bottlenecks."
Watch the video presentation: http://wp.me/p3RLHQ-f7X
See more talks in the Switzerland HPC Conference Video Gallery: http://insidehpc.com/2016-swiss-hpc-conference/
Sign up for our insideHPC Newsletter: http://insidehpc.com/newsletter
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
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
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
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
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.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
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
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
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Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
1. Intel Corporation
2200 Mission College Blvd.
P.O. Box 58119
Santa Clara, CA 95052-8119
CONTACTS: Michael Sullivan Amy Kircos
Investor Relations Media Relations
408-765-9785 480-552-8803
michael.sullivan@intel.com amy.kircos@intel.com
INTEL POSTS RECORD SECOND-QUARTER REVENUE OF $9.5 BILLION
• Revenue up 9 Percent Year-over-Year
• Operating Income up 67 Percent Year-over-Year
• Net Income $1.6 Billion; EPS 28 Cents
SANTA CLARA, Calif., July 15, 2008 – Intel Corporation today announced record second-
quarter revenue of $9.5 billion, operating income of $2.3 billion, net income of $1.6 billion and
earnings per share (EPS) of 28 cents.
“Intel had another strong quarter with revenue at the high end of expectations and
earnings up substantially year over year,” said Paul Otellini, Intel president and CEO. “As we
enter the second half, demand remains strong for our microprocessor and chipset products in all
segments and all parts of the globe.”
Q2 2008 vs. Q2 2007 vs. Q1 2008
Revenue $9.5 billion +9% -2%
Operating Income $2.3 billion +67% +9%
Net Income $1.6 billion +25% +11%
EPS 28 cents +27% +12%
Results for the quarter included significantly lower NOR flash memory revenue along with restructuring and asset
impairment charges of $96 million. Results for the first quarter of 2008 included the effects of restructuring and
asset impairment charges that lowered EPS by 4 cents. Results for last year’s second quarter included tax items
that increased EPS by approximately 3 cents along with restructuring charges of $82 million.
– more –
2. Intel/Page 2
–more–
Financial and Key Product Information
• Mobile microprocessor and chipset units both set records.
• Total microprocessor units were up sequentially and higher than seasonal.
• Gross margin of 55.4 percent was up from 53.8 percent in the first quarter and slightly below
the midpoint of the previous expectation as growth in demand for lower-priced notebook PCs
resulted in a lower than expected microprocessor average selling price.
• Restructuring and asset impairment charges of $96 million were lower than the previous
expectation of approximately $250 million.
• The effective tax rate for the quarter was 31 percent, lower than the previous expectation of
approximately 33 percent due to a tax settlement.
• The company used $2.5 billion to repurchase 109 million shares of its common stock.
Business Outlook
Intel’s Business Outlook does not include the potential impact of any mergers,
acquisitions, divestitures or other business combinations that may be completed after July 14.
Q3 2008:
• Revenue: Between $10.0 billion and $10.6 billion.
• Gross margin: 58 percent plus or minus a couple of points.
• Spending (R&D plus MG&A): Approximately $2.9 billion.
• Restructuring and asset impairment charges: Approximately $60 million.
• Net gains or losses from equity investments and interest and other: Loss of approximately
$30 million.
• Tax rate: Approximately 33 percent.
• Depreciation: Approximately $1.1 billion.
Full-Year 2008:
• Gross margin: 57 percent plus or minus a couple of points, unchanged.
• R&D: Approximately $6 billion, unchanged.
• MG&A: Approximately $5.7 billion, versus the previous expectation of $5.5 billion.
• Capital spending: $5.2 billion plus or minus $200 million, unchanged.
• Tax rate for the fourth quarter: Approximately 33 percent, unchanged.
• Depreciation: $4.4 billion plus or minus $100 million, unchanged.
Risk Factors
The above statements and any others in this document that refer to plans and expectations
for the third 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
3. Intel/Page 3
–more–
the following to be the important factors that could cause actual results to differ materially from
the corporation’s expectations.
• Demand could be different from Intel's expectations due to factors including 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. 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 supply of
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.
• 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 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.
4. Intel/Page 4
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 March 29, 2008.
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 Aug. 29 until publication of the company’s third-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.
Earnings Webcast
Intel will hold a public webcast at 2:30 p.m. PDT today on its Investor Relations Web site
at www.intc.com. A webcast replay and MP3 audio download will also be made available on the
site.
Intel (NASDAQ: INTC), 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 and the Intel logo are trademarks of Intel Corporation in the United States and other countries.
* Other names and brands may be claimed as the property of others.
5. Intel/Page 5
NET REVENUE $ 9,470 $ 8,680 $ 19,143 $ 17,532
Cost of sales 4,221 4,605 8,687 9,025
GROSS MARGIN 5,249 4,075 10,456 8,507
Research and development 1,468 1,353 2,935 2,753
Marketing, general and administrative 1,430 1,290 2,779 2,572
Restructuring and asset impairment charges 96 82 425 157
OPERATING EXPENSES 2,994 2,725 6,139 5,482
OPERATING INCOME 2,255 1,350 4,317 3,025
Gains (losses) on equity investments, net (109) (1) (168) 28
Interest and other, net 167 180 335 349
INCOME BEFORE TAXES 2,313 1,529 4,484 3,402
Provision for taxes 712 251 1,440 488
NET INCOME $ 1,601 $ 1,278 $ 3,044 $ 2,914
BASIC EARNINGS PER COMMON SHARE $ 0.28 $ 0.22 $ 0.53 $ 0.50
DILUTED EARNINGS PER COMMON SHARE $ 0.28 $ 0.22 $ 0.52 $ 0.49
WEIGHTED AVERAGE SHARES OUTSTANDING:
BASIC 5,699 5,809 5,743 5,793
DILUTED 5,800 5,917 5,840 5,895
INTEL CORPORATION
CONSOLIDATED SUMMARY INCOME STATEMENT DATA
(In millions, except per share amounts)
Jun. 28,
Six Months Ended
Jun. 28,Jun. 30,
Three Months Ended
Jun. 30,
2008 2007 2008 2007
–more–
6. Intel/Page 6
CURRENT ASSETS
Cash and cash equivalents $ 4,079 $ 5,883 $ 7,307
Short-term investments 4,312 4,993 5,490
Trading assets 3,570 2,816 2,566
Accounts receivable, net 2,399 2,725 2,576
Inventories:
Raw materials 580 545 507
Work in process 1,355 1,361 1,460
Finished goods 1,330 1,366 1,403
3,265 3,272 3,370
Deferred tax assets 1,209 1,143 1,186
Other current assets 944 1,232 1,390
TOTAL CURRENT ASSETS 19,778 22,064 23,885
Property, plant and equipment, net 16,723 16,667 16,918
Marketable equity securities 644 530 987
Other long-term investments 4,651 4,473 4,398
Goodwill 3,915 3,916 3,916
Other long-term assets 6,681 5,737 5,547
TOTAL ASSETS $ 52,392 $ 53,387 $ 55,651
CURRENT LIABILITIES
Short-term debt $ 175 $ 189 $ 142
Accounts payable 2,379 2,338 2,361
Accrued compensation and benefits 1,658 1,325 2,417
Accrued advertising 787 759 749
Deferred income on shipments to distributors 665 643 625
Other accrued liabilities 2,368 2,775 1,938
Income taxes payable - 639 339
TOTAL CURRENT LIABILITIES 8,032 8,668 8,571
Long-term income taxes payable 760 811 785
Deferred tax liabilities 171 170 411
Long-term debt 1,892 1,990 1,980
Other long-term liabilities 1,176 1,088 1,142
Stockholders' equity:
Preferred stock - - -
Common stock and capital in excess of par value 12,452 12,118 11,653
Accumulated other comprehensive income (loss) 129 72 261
Retained earnings 27,780 28,470 30,848
TOTAL STOCKHOLDERS' EQUITY 40,361 40,660 42,762
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 52,392 $ 53,387 $ 55,651
Dec. 29,
2007
INTEL CORPORATION
CONSOLIDATED SUMMARY BALANCE SHEET DATA
(In millions)
Jun. 28,
2008
Mar. 29,
2008
–more–
7. Intel/Page 7
Q2 2008 Q1 2008 Q2 2007
GEOGRAPHIC REVENUE:
Asia-Pacific $4,805 $4,788 $4,457
51% 50% 51%
Americas $1,985 $2,016 $1,823
21% 21% 21%
Europe $1,741 $1,863 $1,485
18% 19% 17%
Japan $939 $1,006 $915
10% 10% 11%
CASH INVESTMENTS:
Cash and short-term investments $8,391 $10,876 $8,926
Trading assets - marketable debt securities (1) 3,127 2,362 1,256
Total cash investments $11,518 $13,238 $10,182
TRADING ASSETS:
Trading assets - equity securities
offsetting deferred compensation (2) $443 $454 $479
Total trading assets - sum of 1+2 $3,570 $2,816 $1,735
SELECTED CASH FLOW INFORMATION:
Depreciation $1,042 $1,102 $1,153
Share-based compensation $243 $219 $237
Amortization of intangibles $63 $63 $60
Capital spending ($1,151) ($907) ($1,278)
Stock repurchase program ($2,500) ($2,500) ($100)
Proceeds from sales of shares to employees, tax benefit & other $381 $475 $814
Dividends paid ($800) ($739) ($653)
Net cash received/(used) for divestitures/acquisitions - $75 -
EARNINGS PER SHARE INFORMATION:
Weighted average common shares outstanding - basic 5,699 5,787 5,809
Dilutive effect of employee equity incentive plans 50 41 57
Dilutive effect of convertible debt 51 51 51
Weighted average common shares outstanding - diluted 5,800 5,879 5,917
STOCK BUYBACK:
Shares repurchased 109 122 5
Cumulative shares repurchased (in billions) 3.2 3.1 2.9
Remaining dollars authorized for buyback (in billions) $9.5 $12.0 $16.8
OTHER INFORMATION:
Employees (in thousands) 81.8 84.6 90.3
SUPPLEMENTAL FINANCIAL AND OTHER INFORMATION
(In millions)
INTEL CORPORATION
–more–
8. Intel/Page 8
OPERATING SEGMENT INFORMATION: Q2 2008 Q1 2008 Q2 2008 Q2 2007
Digital Enterprise Group
Microprocessor revenue 4,108 4,236 8,344 7,350
Chipset, motherboard and other revenue 1,265 1,205 2,470 2,481
Net revenue 5,373 5,441 10,814 9,831
Operating income 1,710 1,763 3,473 1,735
Mobility Group
Microprocessor revenue 2,742 2,726 5,468 4,839
Chipset and other revenue 1,055 943 1,998 1,764
Net revenue 3,797 3,669 7,466 6,603
Operating income 1,251 1,166 2,417 2,634
All Other
Net revenue 300 563 863 1,098
Operating loss (706) (867) (1,573) (1,344)
Total
Net revenue 9,470 9,673 19,143 17,532
Operating income 2,255 2,062 4,317 3,025
Six Months Ended
INTEL CORPORATION
SUPPLEMENTAL OPERATING RESULTS AND OTHER INFORMATION
($ in millions)
Three Months Ended
In the second quarter of 2008, we completed a reorganization that transferred the revenue and costs associated with a portion of the
Digital Home Group’s consumer PC components business to the Digital Enterprise Group. The Digital Home Group now focuses on the
consumer electronics components business. We adjusted our historical results to reflect this reorganization as well as certain other minor
reorganizations.
–more–
9. Intel/Page 9
OPERATING SEGMENT INFORMATION: Q4 2007 Q3 2007 Q2 2007 Q1 2007 2007 2006
Digital Enterprise Group
Microprocessor revenue 4,489 4,106 3,610 3,740 15,945 15,248
Chipset, motherboard and other revenue 1,472 1,406 1,227 1,254 5,359 5,437
Net revenue 5,961 5,512 4,837 4,994 21,304 20,685
Operating income 2,181 1,378 793 942 5,294 3,298
Mobility Group
Microprocessor revenue 2,989 2,832 2,398 2,441 10,660 9,212
Chipset and other revenue 1,118 1,139 898 866 4,021 3,097
Net revenue 4,107 3,971 3,296 3,307 14,681 12,309
Operating income 1,684 1,294 1,252 1,382 5,612 4,602
All Other
Net revenue 644 607 547 551 2,349 2,388
Operating loss (818) (528) (695) (649) (2,690) (2,248)
Total
Net revenue 10,712 10,090 8,680 8,852 38,334 35,382
Operating income 3,047 2,144 1,350 1,675 8,216 5,652
INTEL CORPORATION
SUPPLEMENTAL OPERATING RESULTS AND OTHER INFORMATION
($ in millions)
In the second quarter of 2008, we completed a reorganization that transferred the revenue and costs associated with a portion of the Digital Home
Group’s consumer PC components business to the Digital Enterprise Group. The Digital Home Group now focuses on the consumer electronics
components business. We adjusted our historical results to reflect this reorganization as well as certain other minor reorganizations.