Intel has posted its best quarter ever, with revenues of $10,8-billion and a net income of $2,9-billion.
The company'e revenue is up 34% year-over-year for the second quarter of 2010.
"Strong demand from corporate customers for our most advanced microprocessors helped Intel achieve the best quarter in the company's 42-year history," says Paul Otellini, Intel president and CEO. "Our process technology lead plus compelling architectural designs increasingly differentiate Intel-based products in the marketplace. The PC and server segments are healthy and the demand for leading-edge technology will continue to increase for the foreseeable future."
For the quarter, PC Client Group revenue was up 2% sequentially, with record mobile microprocessor revenue, while Data Center Group revenue was up 13% sequentially, with record server microprocessor revenue.
Intel Atom microprocessor and chipset recorded revenue of $413-million, up 16% sequentially.
In addition, the average selling price (ASP) for microprocessors was slightly up sequentially.
Intel's gross margin for the quarter was 67%, 3 percentage points higher than the midpoint of the company's expected range of 62% to 66%.