Intel Breaks Yearly, Quarterly Revenue Records

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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.

Prior to its financial release, Intel took the wraps off its second-generation Core processor family along with new chipsets and wireless chips at International CES earlier this month.

The introduction encompasses 20 devices, including new Core i7, i5 and i3 processor and Intel 6 Series chipsets. Intel Centrino Wi- Fi and WiMax adapters are expected to be included in more than 500 products this year, the company said.

The second generation’s primary improvements center on upgraded video capability, including Wireless Display 2.0, which can beam protected 1080p HD content from a laptop to a television; faster HD conversion for use on a mobile player; and better overall graphics playback.

Intel also announced several partnerships with Cinema Now, Warner Brothers Digital Distribution, Sonic Solutions and Image Entertainment. The deals work with Intel’s Insider technology, which gives users the ability to access premium HD movies on their laptop or PC.

The Core processor family received Intel Tubro Boost 2.0, which automatically reallocates processor and GPU capability to accelerate overall performance.

The quad-core processors will be available on Jan. 9, with the dual-core following in February.

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