Intel posts record Q1 results, profit up 288% on-year

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Matthew DeCarlo

Posts: 5,271   +103
Intel's first quarter financial results are in, and the company has posted a profit of $2.4 billion on revenue of $10.3 billion. The chipmaker's income was a smidgen higher than the last quarter of 2009 ($2.3 billion), while revenue fell a bit from $10.6 billion. Looking back further, the latest figures are a stark contrast from a year ago, when the company reported a profit of $647 million on revenue of $7.1 billion.

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PanicX

Posts: 648   +1
This is why AMD needs to get back in the game. There's no pressure on Intel to compete and they leverage their dominance into huge profits. Right now an i7 920 costs more on newegg than it did when I bought mine a year ago.
 

Vrmithrax

Posts: 1,577   +628
AMD really needs to get its new mobile platform into the market. A huge chunk of that profit for Intel was in mobility, there is massive potential, and having some more real competition is always a benefit for the consumers, both in feature development and in pricing.
 
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