Intel 2010 full Record Year report

Intel Corporation reported full-year revenue of $43.6 billion, operating income of $15.9 billion, net income of $11.7 billion, and EPS of $2.05 - all records. The company generated approximately $16.7 billion in cash from operations, paid cash dividends of $3.5 billion, and used $1.5 billion to repurchase 70 million shares of common stock.
 
For the fourth-quarter, Intel posted revenue of $11.5 billion. The company reported fourth-quarter operating income of $4.3 billion, net income of $3.4 billion, and EPS of 59 cents. Fourth-quarter revenue, operating income, net income, and EPS were also all records. "2010 was the best year in Intel's history. We believe that 2011 will be even better," said Paul Otellini, Intel president and CEO. 

Full-Year 2011
 
• Gross margin percentage: 65 percent, plus or minus a few percentage points.
• Spending (R&D plus MG&A): $13.9 billion, plus or minus $200 million.
• R&D spending: approximately $7.3 billion.
• Tax rate: approximately 29 percent.
• Depreciation: approximately $5 billion, plus or minus $100 million.
• Capital spending: expected to be $9.0 billion, plus or minus $300 million.
 
For additional information regarding Intel's results and Outlook, please see the CFO commentary intc.com/results.cfm]here.

Intel 2010 full Record Year report Intel 2010 full Record Year report Reviewed by Maherr Live on Monday, January 17, 2011 Rating: 5