Intel enjoys healthy revenue and profits for Q1 2017
by from Techreport on (#2MJPW)
Intel reported healthy earnings and profits for the first quarter of this year as it continues its transition away from being the company that primarily powers PCs. The company took in $14.8 billion in revenue, up 8% year-over-year, and it made $3.6 billion in operating profit, up 40 percent from this time last year.
The PC-focused Client Computing Group took in $8 billion of Intel's total revenue pie, up 6% year-on-year. Despite a 4% fall in platform volumes (a measure of processor and chipset sales as a whole), average selling ...