Intel Named to DARPA Project Focused on Machine Learning and Artificial Intelligence

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Extracting Insight from the Data Deluge Is a Hard-to-Do Must-Do

Intel Named to DARPA Project Focused on Machine Learning and Artificial Intelligence

Summary

SANTA CLARA, Calif., June 5, 2017 - Intel has been selected by DARPA, a U.S. Department of Defense agency, to collaborate on the development of a powerful new data-handling and computing platform that will leverage machine learning and other artificial intelligence (AI) techniques.

The notion of Big Data emerges from the observation that 90 percent of the data available today has been created in just the past two years. From devices at the edge to large data centers crunching everything from corporate clouds to future energy technology simulations, the world is awash in data – being stored, indexed and accessed.
DARPA’s Microsystems Technology Office created the Hierarchical Identify Verify & Exploit (HIVE) program to develop new technologies to realize 1,000x performance-per-watt gains in the ability to handle graph analytics.

Read more at the Intel website!

Extracting Insight from the Data Deluge Is a Hard-to-Do Must-Do (DARPA)

About Intel

Intel (NASDAQ: INTC) expands the boundaries of technology to make the most amazing experiences possible. Information about Intel can be found at newsroom.intel.com and intel.com.

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Intel Earnings Review: Decline Continues

Intel reported QE December 2012 financial results on January 18

Intel earnings continue deteriorating. Financial performance is slowing for both revenues and earnings per share. Earnings per share of $0.48 is an 11-quarter low. Gross, operating, and net margins peaked in 2010, had recently been somewhat stable, and now are decreasing. Liquidity is strong. Capital is adequate, but the capital to assets ratio is decreasing.

CEO Paul Otellini continues to promise better days ahead through innovation. Meanwhile, technology races away from the Microsoft / Dell / Intel desktop way of life. The future benefit of sizable capital expenditures, along with research and development expenses, have yet to be realized. It is difficult to discount the intelligent people at Intel Labs, but their efforts have yet to reach the bottom line. The revenue outlook for the next quarter, QE March 2013, is a multi-year low (lowest since December 2010).



This chart is not what shareholders want to see.



Intel revenues have been flat and may decrease. Operating and net income have been decreasing.



Gross margin of 58.0% dropped to a 13-quarter low, operating margin of 26.6% hit a 12-quarter low, and net margin of 18.3% sank to a 9-quarter low. Both gross margin and operating margin are now below the long-term averages.



Intel did not report regional revenues this quarter, which is not encouraging. Segment revenues were:



Intel Outlook

Q1 2013 (GAAP, unless otherwise stated)
* Revenue: $12.7 billion, plus or minus $500 million.
* Gross margin percentage: 58 percent, plus or minus a couple of percentage points.

"The fourth quarter played out largely as expected as we continued to execute through a challenging environment," said Paul Otellini, Intel president and CEO. "We made tremendous progress across the business in 2012 as we entered the market for smartphones and tablets, worked with our partners to reinvent the PC, and drove continued innovation and growth in the data center. As we enter 2013, our strong product pipeline has us well positioned to bring a new wave of Intel innovations across the spectrum of computing."

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Intel Earnings Review: Gradual Long-Term Decline Continues

Intel reported QE September 2012 financial results on October 16

The song remains the same at Intel: muddling through as revenue growth stalls. Financial performance is slowing long-term for both revenues and earnings per share. Gross, operating, and net margins have been near stable, but peaked in 2010 and may decrease more. Liquidity and capital are adequate. CEO Paul Otellini continues to promise better days ahead through innovation but this hope has remained beyond his grasp as technology races away from the Microsoft / Dell / Intel desktop days of yore.











Intel Outlook

Q4 2012 (GAAP, unless otherwise stated)
* Revenue: $13.6 billion, plus or minus $500 million.
* Gross margin percentage: 57 percent and 58 percent Non-GAAP (excluding amortization of acquisition related intangibles), both plus or minus a couple of percentage points.

"Our third-quarter results reflected a continuing tough economic environment," said Paul Otellini, Intel president and CEO. "The world of computing is in the midst of a period of breakthrough innovation and creativity. As we look to the fourth quarter, we're pleased with the continued progress in Ultrabooks and phones and excited about the range of Intel-based tablets coming to market."

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Largest USA Tech Companies Earnings Soften: Apple Dominates, HP Plunges

This is the technology sector reported financial performance going into the October earnings season.

Quarterly Net Income

The Largest USA Tech Companies have reported quarterly aggregate net income of $14.8 billion, which is lower than the prior quarter $35.6 billion. This is a sequential QoQ decrease of -$20.8 billion and -58%! What happened? HP reported an epic quarterly net loss of -$8.9 billion, which offset the Apple quarterly net income of +$8.8 billion. Microsoft reported a rare quarterly net loss of -$492 million. Eight of the eleven companies reviewed reported a QoQ decrease in net income.

A net decrease is not unusual or unexpected as summer is typically a slower financial performance on an annual cyclical basis for the tech sector. But the huge HP and extraordinary Microsoft net losses created a plunge. The only three sequential QoQ increases were IBM (+$816 million) and Intel (+$89 million) and EMC (+$63 million).

For the latest quarters reported, Apple continues dominating with an incredible $8.82 billion quarterly net income. Second was IBM at $3.88 billion, third was Intel at $2.83 billion, and fourth was Google with $2.79 billion. Apple earned more than #2 IBM and #3 Intel combined.

The rest of the pack follows with #5 Oracle at $2.03 billion, #6 Cisco at $1.92 billion, #7 Qualcomm at $1.02 billion rounding out the Billion Dollar Club. Trailing are #8 EMC at $689 million and #9 Amazon at a mere $7 million. Further behind are #10 Microsoft at a dismal net loss of -$492 million and #11 HP with the aforementioned epic loss of -$8.86 billion. Apple comprises approximately 60% of the total quarterly net income of the 10 tech companies listed!



Return on Assets

The Largest USA Tech Companies have reported an average return on assets of +12.29%, a multi-quarter low and -1.68% decrease from the prior quarter. Seven of the eleven companies reviewed reported decreases. The largest sequential QoQ decreases were HP (-8.564%), Microsoft (-6.42%), and Apple (-2.08%). The only significant sequential QoQ increase was Cisco (+0.65).

For the latest quarters reported, Best of Breed goes to Apple with a commanding and incredible lead of at +29.70% ROA. Apple is distantly followed by Intel (+17.61%), Qualcomm (+15.26%), and Google (+15.02%), and Microsoft (+14.95%). Next are #6 IBM (+14.30%), and #7 Oracle (+13.53%).

Significantly lagging the field are #8 Cisco at +9.01% and #9 EMC at +8.42%. Amazon is #10 and a much lower +1.82%. Finally, HP is last and #11 at a negative -4.44%.



I have included Amazon because of the Kindle Fire, streaming, cloud services, and the resulting competition with others listed.

Status Updated through Oracle quarterly financial results reported 9-20-12
Next reports: October earnings season

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Big Tech Assets Rise, Apple Reaches Record $163 Billion

This is the technology sector reported financial position going into the October earnings season.

Total Assets

The Largest USA Tech Companies have reported all-time high aggregate total assets of $940 billion. This is a net increase of +$14 billion and +1.6% from the prior quarter. Apple led the way, and continues pulling away, with another incredible +$11.9 billion quarterly increase, followed by Google (+$8.9 billion), and Microsoft (+$3.3 billion). A huge decrease was reported by HP (-$10.1 billion), followed by Oracle (-$1.8 billion), and IBM (-$1.5 billion).

The $100 Billion Club: For the latest quarter reported, Apple continues #1 and largest at $162.9 billion. Microsoft moved up to #2 at $121.3 billion while HP slipped to third at $117.6 billion. IBM continues at #4 with $113.8 billion. Cisco is #5 at $91.8 billion.

The next group is #6 Google at $86.1 billion, #7 Oracle ($76.6 billion), and #8 Intel ($72.4 billion). Qualcomm and EMC are a more distance #9 and #10 at $42.4 billion and $35.0 billion, respectively. Amazon is last and #11 at $21.0 billion. I have included Amazon because of the Kindle Fire, streaming, cloud services, and the resulting competition with others listed.



Capital Ratio

The Largest USA Tech Companies have reported an average capital to assets ratio of 54.53%, a slight decrease of -0.85% from the prior quarter. Six of the eleven companies reviewed reported increases, led by Intel (+2.3%) and followed by EMC (+0.85%) and Oracle (+0.84%). Google and Microsoft reported the largest decreases at -4.79% and -3.46%, respectively.

For the latest quarters reported, Qualcomm (77%) continues leading Google (75%) to have the strongest capital position. Apple is #3 at 69%, followed closely by Intel at 67%. Next are EMC, Cisco, Oracle, and Microsoft at 63%, 57%, 56%, and 55%, respectively. Amazon is 9th at 36%, followed by HP (27%) and finally IBM (18%) is last and #11.



Status
Updated through Oracle quarterly financial results reported 9-20-12
Next reports: October earnings season

Earnings Reviews

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Big Tech Profits Soften: HP, Microsoft, Amazon Plunge!

Net Income: Quarter over Quarter Change

The Largest USA Tech Companies reported softening profits from the prior quarter, which is not unusual this time of year on an annual cyclical basis. Only 3 of the 10 companies reviewed reported sequential quarterly increases (Oracle, IBM, Intel).

First, HP is not included in the chart below. HP, which is among the walking wounded, reported a disastrous quarter and a chart-busting -656% decrease in net income QoQ. HP reported a net loss of -$8.86 billion for their latest quarter, compared to net income of +$1.59 billion in the prior quarter. Including HP skews the chart and obscures the data.

Reporting net income increases quarter over quarter were Oracle (+38%), IBM (+27%), and Intel (+3%). Reporting a decrease in net income from the prior quarter were Google (-4%), Cisco (-11%), Apple (-24%), and Qualcomm (-46%). The Big Losers were Amazon (-95%), Microsoft (-110%), and the aforementioned HP (-656%). The second calendar quarter is typically slower and a quarterly drop for many tech companies in total revenues, net income, and earnings per share.



Net Income: Year over Year Change

The Largest USA Tech Companies reported more positive results from the prior year, compared to the prior quarter. 6 of the 10 companies reviewed reported YoY increases. Cisco (+56%) and Apple (+21%) led the way, followed by Qualcomm (+17%), Google (+11%),  Oracle (+8%), and IBM (+6%). The remainder lost ground and some lost huge territory. Intel (-4%), Amazon (-96%), Microsoft (-108%), and HP (-560%) reported decreases year over year.

HP is not included in the chart below. Including HP skews the chart and obscures the data.



Updated through HP quarterly financial results reported 8-22-12
Next reporting: Oracle in September

Big Tech Assets Rise, Apple Reaches Record $163 Billion

Largest USA Tech Companies Earnings Plunge, But Apple Still Dominates

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Big Tech Assets Rise, Apple Reaches Record $163 Billion

Total Assets

The Largest USA Tech Companies have reported all-time high aggregate total assets of $917 billion. This is a net increase of +$32 billion and +4% from the prior quarter. Apple led the way, and continues pulling away, with another incredible +$12 billion quarterly increase, followed by Google (+$9 billion), and Oracle (+$4 billion). The only decrease was reported by IBM (-$1.5 billion).

The $100 Billion Club: For the latest quarter reported, Apple continues #1 and largest at $162.9 billion. HP continues in second at $127.7 billion, followed by #3 Microsoft at $121.3 billion. IBM is #4 at $113.8 billion. Cisco is #5 at $91.2 billion. The next group is #6 Google at $86.1 billion, #7 Oracle ($78.3 billion), and #8 Intel ($72.4 billion). Qualcomm is a more distance #9 ($42.4 billion). Amazon is last and #10 at $21.0 billion. I have included Amazon because of the Kindle Fire, streaming, cloud services, and the resulting competition with others listed.



Capital Ratio

The Largest USA Tech Companies have reported an average capital to assets ratio of 54.18%, a slight decrease of -0.45% from the prior quarter. Six of the ten companies reviewed reported increases, led by Intel (+2.3%) and HP (+1.4%). Google reported the largest decrease (-4.8%) followed by Microsoft (-3.5%).

For the latest quarters reported, Qualcomm (77%) has surpassed Google (75%) to have the strongest capital position. Apple is #3 at 69%, followed closely by Intel at 67%. Next are Cisco, Oracle, and Microsoft at 56%, 56%, and 55%, respectively. Amazon is 8th at 36%, followed by HP (33%) and finally IBM (18%) is last and #10.



Status
Updated through Amazon quarterly financial results reported 7-26-12
Next reports: Cisco (August 15), HP (August 22)

Largest USA Tech Companies Earnings Plunge, But Apple Still Dominates

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Largest USA Tech Companies Earnings Plunge, But Apple Still Dominates

Quarterly Net Income

The Largest USA Tech Companies have reported quarterly aggregate net income of $26.3 billion, which is lower than the prior quarter $33.9 billion. This is a sequential QoQ decrease of -$7.68 billion and -23%. Six of the ten companies reviewed reported a QoQ decrease in net income. The net decrease is not too unusual or unexpected as the second quarter of the calendar year is typically a slower financial performance on an annual cyclical basis. The largest sequential QoQ increases were Oracle (+$953 million) and IBM (+$816 million) and HP (+$125 million). The largest sequential QoQ decreases were by Microsoft (-$5.60 billion), Apple (-$2.80 billion), and Qualcomm (-$1.02 billion).

For the latest quarters reported, Apple continues dominating with an incredible $8.82 billion quarterly net income. Second was IBM at $3.88 billion and third was Oracle at $3.45 billion, combined less than half of Apple. The rest of the pack follows with #4 Intel at $2.83 billion, #5 Google at $2.79 billion, #6 Cisco at $2.17 billion, #7 HP at $1.59 billion, and #8 Qualcomm at $1.21 billion. Trailing are #9 Amazon at a mere $7 million and #10 Microsoft at a dismal net loss of -$492 million. I have included Amazon because of the Kindle Fire, streaming, cloud services, and the resulting competition with others listed. Apple comprises approximately 34% of the total quarterly net income of the 10 tech companies listed!



Return on Assets

The Largest USA Tech Companies have reported an average return on assets of +13.45%, a multi-quarter low and -1.13% decrease from the prior quarter of +14.58%. Eight of the ten companies reviewed reported decreases. Amazon and HP dragged the average down the most. The 2 sequential QoQ increases were Cisco (+0.24%) and IBM (+0.17%). The largest sequential QoQ decreases were Microsoft (-6.42%), Apple (-2.08%), and Amazon (-1.00%).

For the latest quarters reported, Best of Breed goes to Apple with a commanding and incredible lead of at +29.70% ROA. Apple is distantly followed by Intel (+17.61%), Qualcomm (+15.26%), and Google (+15.02%). Next are #5 Microsoft (+14.95%), #6 IBM (+14.30%), and #7 Oracle (+13.38%). Significantly lagging the field are #8 Cisco at +8.36% and #9 HP at a much lower +4.12%. Retail-oriented Amazon is last and #10 at a sinking +1.82%.



Updated through Amazon quarterly financial results reported 7-26-12
Next reports: Cisco (August 15), HP (August 22)

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Intel Earnings Review: Muddling Along on Lowered Revenue Outlook

Intel reported QE June 2012 financial results on Tuesday, July 17

Move along folks, nothing exciting going on here at Intel: declining margins, slowing financial performance, and uncertain revenue growth. The tough struggle continues in the transition to "refresh" its product line and adapt to reality.

Apparently there has been a delay and Intel has encountered additional obstacles, including macroeconomic uncertainty. CEO Paul Otellini continues to promise better days ahead but so far the horizon of realization continues receding ahead.

Metric, QoQ Change, YoY Change
Total Assets: $72.35 billion, +1%, +9%
Total Revenues: $13.50 billion, +5%, +4%
Net Income: $2.83 billion, +3%, -4%
Earnings per Share: $0.54, +2%, 0%
















Intel Outlook


Q3 2012 (GAAP, unless otherwise stated)
· Revenue: $14.3 billion, plus or minus $500 million.
· Gross margin percentage: 63 percent and 64 percent Non-GAAP (excluding amortization of acquisition related intangibles), both plus or minus a couple of percentage points.

Full Year 2012 (GAAP, unless otherwise stated)
· Revenue up between 3 percent and 5 percent year over year, down from the prior expectation for high single digit growth.
· Gross margin percentage: 64 percent and 65 percent Non-GAAP (excluding amortization of acquisition related intangibles), both plus or minus a couple of points.

“The second quarter was highlighted by solid execution with continued strength in the data center and multiple product introductions in Ultrabooks and smartphones,” said Paul Otellini, Intel president and CEO. “As we enter the third quarter, our growth will be slower than we anticipated due to a more challenging macro economic environment. With a rich mix of Ultra book and Intel —based tablet and phone introductions in the second half, combined with the long term investments we're making in our product and manufacturing areas, we are well positioned for this year and beyond.”


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Big Tech Assets Rise, Apple Surges to $151 Billion

The Largest USA Tech Companies have reported aggregate total assets of $888 billion, which is the highest in the 5 quarters reviewed and an all-time high. This is a net increase of +$25 billion and +3% from the prior quarter. Apple led the way with a strong +$12 billion increase, followed by Microsoft (+$6 billion), Google (+$5 billion), and Qualcomm (+$4 billion). The only decreases were reported by Amazon (-$5 billion) and IBM (-$1 billion).

The $100 Billion Club: For the latest quarter reported, Apple continues #1 and largest at $150.9 billion. HP continues in second at $127.7 billion, followed by #3 Microsoft at $118.0 billion. IBM dropped to #4 at $115.3 billion. Next is #5 Cisco at $91.2 billion. The next group are #6 Google at $77.1 billion, which surpassed now #7 Oracle ($74.4 billion). Intel continues at #8 ($71.8 billion) followed by #9 Qualcomm ($41.5 billion). Amazon is last and #10 at $20.3 billion. I have included Amazon because of the Kindle Fire, streaming, cloud services, and the resulting competition with others listed.



The Largest USA Tech Companies have reported an average capital to assets ratio of 54.89%, a +1.39% increase from the prior quarter. The net increase was led by Amazon (+5%) and Apple (+3%). Only Google reported a decrease and this was negligible (-0.12%). For the latest quarters reported, Google continues leading with the strongest capital of 80%, followed by Qualcomm at 77%. Apple is #3 at 68%, followed closely by Intel at 65%. Next are Oracle, Microsoft, and Cisco at 58%, 58%, and 56%, respectively. Amazon is 8th at 36%, followed by HP (33%) and finally IBM (18%).




Status Updated through HP quarterly financial results reported 5-23-12

Largest USA Tech Companies Earnings Slip, Apple Dominates

Big Tech Market Cap: Apple Larger Than Microsoft and IBM Combined!

Big Tech Profits Increase: Qualcomm, Apple, Google Lead Surge

Largest USA Tech Companies Earnings Slip, Apple Dominates

The Largest USA Tech Companies have reported quarterly aggregate net income of $33.9 billion, which is lower than the prior quarter $37.4 billion. This is a sequential QoQ decrease of -$3.5 billion and -9.4%. The net decrease is not unusual or unexpected as the first quarter of the calendar year is typically lower than the  prior fourth quarter (Holiday) results on an annual cyclical basis. The largest sequential QoQ increases were HP (+$1.2B) and Qualcomm (+$829 million). The largest sequential QoQ decreases were by IBM (-$2.43 billion), Microsoft (-$1.52 billion), Apple (-$1.44 billion), and Intel (-$622 million).

For the latest quarters reported, Apple leads with an incredible $11.62 billion. Second is Microsoft at $5.11 billion, less than half of Apple. These top two are followed by #3 IBM at $3.07 billion. The rest of the pack follows with #4 Google at $2.89 billion, #5 Intel at $2.74 billion, #6 Oracle at $2.50 billion, #7 Qualcomm at $2.23 billion, and #8 Cisco at $2.17 billion. Trailing are #9 HP at $1.47 billion and #10 Amazon at a mere $130 million. I have included because of the Kindle Fire, streaming, cloud services, and the resulting competition with others listed. Apple comprises 34% of the total quarterly net income of the 10 tech companies listed!



The Largest USA Tech Companies have reported an average return on assets of +14.61%, a +0.19% increase from the prior quarter of 14.42%. Amazon and HP dragged the average down. The largest sequential QoQ increases were Qualcomm (+2.62%), Apple (+1.44%) and Google (+0.75%). The largest sequential QoQ decreases were Microsoft (-1.18%), Intel (-1.09%), and HP (-0.93%).

For the latest quarters reported, Best of Breed goes to Apple with a commanding and incredible lead of at +31.78% ROA, followed by Microsoft at 21.37% and Intel at 18.14%. Next are #4 Google 15.76%, #5 Qualcomm 15.51%, #6 IBM 14.13%, and #7 Oracle 13.44%. Significantly lagging the field are #8 Cisco 8.36% and #9 HP at a dismal 4.74%. Retail-oriented Amazon is last and #10 at +2.82%.



Updated through Cisco quarterly financial results reported 5-9-12
Next reports: HP (May 23), Oracle (June)

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Intel Net Income Falls to 7-Quarter Low, Forecasts Rebound

Intel reported Q1 2012 financial results on Tuesday, April 17.

Intel has encountered a tough struggle to transition, to "refresh" its product line. The Microsoft desktop days are waning, just as the IBM mainframe days did. Intel was king of the desktop processing architecture. The world is going mobile and Intel is scrambling to regain the leading edge. Look at the charts below, the story, and draw your own conclusions.

Non-GAAP Q1 earnings per share dipped, but beat expectations, as previewed. However, the $0.56 "beat" was a 5-quarter low. The problem is GAAP EPS fell to a 6-quarter low, revenues a 4-quarter low, and net income a 7-quarter low. This hardly inspires confidence, even though Q1 is typically weak in the annual cycle. In fact, every major metric dropped. Is the drop cyclical or more fundamental?

CEO Paul Otellini knows the score and promised better days ahead, "In the second quarter we’ll see the first Intel-based smartphones in the market, ship products based on 22nm tri-gate technology in high volume, and accelerate the ramp of our best server product ever, providing a tremendous foundation for growth in 2012 and beyond". That left CFO Stacy Smith to do the explaining, "Similar to the fourth quarter our business was negatively impacted by hard drive shortages and the resulting additional reduction of inventories across the supply chain".

I'm not excluding Intel from the future, their vast resources are aimed squarely ahead. They are at the cusp of their mobile market launch plus expect more penetration into data centers. Next Q2 guidance is $13.6 billion, plus or minus $500 million. That would be the second or third highest revenues on record and a rebound QoQ and YoY. So, according to Intel, the bottom is in.

Intel Reports Near-Record Quarter: Earnings Down QoQ, Up YoY

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Intel Reports Near-Record Quarter: Earnings Down QoQ, Up YoY


Intel Summary Q4 2011 Intel reported near-record Q4 financial performance, after the record Q3. Intel had alarmed investors on December 12, 2011 with lowered total revenues and gross profit margin estimates. "2011 was an exceptional year for Intel,” said Paul Otellini, Intel President and CEO. "With outstanding execution the company performed superbly, growing revenue by more than $10 billion and eclipsing all annual revenue and earnings records. With a tremendous product and technology pipeline for 2012, we’re excited about the global growth opportunities presented by Ultrabook systems, the data center, security and the introduction of Intel-powered smartphones and tablets." Investor confidence is strengthened by the latest financial results, after being deflated somewhat by Q2 2011 and the December 2011 lowered outlook. Intel's total revenues Q1 2012 outlook is flat YoY, compared to Q1 2011. However, gross profit margin is +2% higher YoY which should increase net income and EPS. Financial position continues strong.


Intel Income Statement Q4 2011 Intel reported near-record total revenues of $13.89 billion, near-record net income of $3.36 billion, and near-record earnings per share of $0.64. From the prior record quarter Q3 2011, total revenues were -2.43%, net income -3.11%, and earnings per share -1.54%. From the prior year Q4 2010, these were +21.21%, +5.66%, and +14.29%, respectively. Gross margin, operating margin, and net margin are within the recent historical range at 64.46%, 33.12%, and 24.20%, respectively. The operating expense ratio has been stable and is currently 31.35%.


Intel Balance Sheet Q4 2011 Intel continues liquid and well capitalized. Total assets have reached an all-time high of $71.12 billion. The current ratio decreased QoQ and YoY to 36.38%, which continues adequate. Intel has $14.84 billion in short-term cash, cash equivalents, and marketable securities. Capital to assets slightly decreased QoQ and significantly YoY to 64.56%. The YoY decrease was due to an increase in debt. The debt ratio of 10.31% was flat QoQ but up significantly YoY. Return on assets of 19.23% continues at recent levels and above the historical average.


Intel Business Outlook (GAAP, unless otherwise stated)
Q1 2012
• Revenue: $12.8 billion, plus or minus $500 million.
• Gross Margin: 63% and 64% Non-GAAP, both plus or minus a couple percentage points.
Full Year 2012
• Gross Margin: 64% and 65% Non-GAAP, both plus or minus a couple percentage points.


Intel Performance by the Quarters (Charts) Intel Earnings Per Share Current Earnings per Share of $0.64 are -1.54% QoQ, +14.29% YoY, and just below the prior quarter record high. The chart average EPS is $0.38.




Intel Total Revenues, Operating Income, and Net Income Current Total Revenues of $13.89 are -2.43% QoQ, +21.21% YoY, and just below the prior quarter record high. Current Operating Income of $4.60 billion is just below the prior quarter record high. Current Net Income of $3.36 billion is -3.11% QoQ, +5.66% YoY, and just below the prior quarter record high. The chart averages for TR, OI, and NI are $10.80 billion, $3.10 billion, and $2.22 billion, respectively.

   


Intel Gross Margin, Operating Margin, and Net Margin Current Gross Margin of 64.46% is a 4-quarter high. Current Operating Margin of 33.12% dipped QoQ and YoY. Current Net Margin of 24.20% decreased QoQ and YoY. The chart averages for GM, OM, and NM are 60.13%, 27.25%, and 12.65%, respectively.

 


Intel Return on Assets Current Return on Assets of 19.23% is historically strong and slightly decreased QoQ and YoY. The ROA chart average is 14.12%.

 


Intel Regional Revenues Asia Pacific at $8.02 billion and 57.74% of total revenues is the primary driver of sales growth. Americas at $2.66 billion and 19.13% has decreased. Europe at $1.93 billion and 13.91% increased. Japan at $1.28 and 9.21% slightly decreased.

 


Intel Growth Rates YoY Current Total Revenues Growth YoY of +21.21% is historically about average and the 9th consecutive quarter of growth. Current Earnings per Share Growth YoY of +14.29% is historically below average but the 6th consecutive quarter of growth. The chart averages for TRG and EPSG are +20.31% and +28.83%, respectively.

 


Intel Operating Expense Ratio Current Operating Expense Ratio of 31.35% is historically below average. The OER has been stable for the past 8 quarters, which is encouraging for investors. The OER chart average is 33.21%.

 


Intel Reports Record Year SANTA CLARA, Calif., Jan. 19, 2012 - Intel Corporation today reported full-year revenue of $54 billion, operating income of $17.5 billion, net income of $12.9 billion and EPS of $2.39 -- all records. The company generated approximately $21 billion in cash from operations, paid dividends of $4.1 billion and used $14.1 billion to repurchase 642 million shares of stock. For the fourth quarter, Intel posted revenue of $13.9 billion, operating income of $4.6 billion, net income of $3.4 billion and EPS of 64 cents. The company generated approximately $6.6 billion in cash from operations, paid dividends of $1.1 billion and used $4.1 billion to repurchase 174 million shares of stock.

"2011 was an exceptional year for Intel," said Paul Otellini, Intel president and CEO. "With outstanding execution the company performed superbly, growing revenue by more than $10 billion and eclipsing all annual revenue and earnings records. With a tremendous product and technology pipeline for 2012, we're excited about the global growth opportunities presented by Ultrabook systems, the data center, security and the introduction of Intel-powered smartphones and tablets."

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