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Intel Breaks Yearly, Quarterly Revenue Records

Santa Clara, Calif. – Intel reported its GAAP net income climbed
167 percent to $11.7 billion in 2010, for the period ending Dec. 31.

This hike took place on revenue of $43.6 billion.

The company also posted a fourth quarter GAAP net income increase
of 48 percent to $3.4 billion on sales of $11.5 billion.

Intel cited a 21 percent increase in revenue for the PC client group,
with Atom microprocessor and chipset revenue up 8 percent or $1.6 billion for
the year.

For the fourth quarter PC client group revenue was flat, with
Atom processors only generating $391 million in revenue for the group.