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Intel posts massive Q1 2010 profits

Financial data for hardware companies clearly prove that Q1 of any year is always the “off-season”. In most years, CPU/GPU manufacturers observe sharp drops in sales. Not so for Intel. Amazingly, Intel has posted higher profits in Q1 2010 than it did in Q4 2009, at $2.4 billion. Not surprisingly, it is also a massive improvement over recession hit Q1 2009, where Intel only managed $647 million.

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Financial data for hardware companies clearly prove that Q1 of any year
is always the “off-season”. In most years, CPU/GPU manufacturers observe
sharp drops in sales. Not so for Intel. Amazingly, Intel has posted
higher profits in Q1 2010 than it did in Q4 2009, at $2.4 billion. Not
surprisingly, it is also a massive improvement over recession hit Q1
2009, where Intel only managed $647 million.

Boosted by the release of Core i3/i5/i7 M notebook CPUs, Intel noted “record mobile microprocessor revenue” in Q1. The desktop siblings – Core i3/i5 dual core CPUs also saw release at the beginning of January. In addition, the average selling price was up slightly.

Intel’s financial achievements in Q1 2010 are obvious signs that the hardware industry is indeed moving out of recession and sales are starting to pick up.

Intel expects similar results for Q2 2010.

Reference: Techreport

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