Intel maintains steady growth across the board in Q1 2018
by from Techreport on (#3NS1C)
Hot on the heels of AMD's healthy earnings report yesterday, Intel posted strong Q1 2018 results of its own this afternoon. The blue team took in $16.1 billion in revenue, up 9% year-on-year. The company turned a $4.5 billion operating profit on that revenue, up 23% on the year. Net income was $4.5 billion, up 50% on the year, and earnings per share of 93 cents was up 53% on the year. Gross margin fell 1.3 percentage points on the year, to 60.6%.
Intel's PC-focused Client Computing Group brought in $8.2 billion in revenue, up 3% from this time last year. Operating income fell 8% to $2.8 billion. PC platform volumes (a measurement of processor and ...