Intel turns in smashing Q3 2018 financials with all-time record revenue
by from Techreport on (#41KDH)
Intel's third-quarter 2018 earnings are out. The company had a smashing quarter, bringing in $19.2 billion in revenue for a 19% year-on-year increase. On that haul, the company made $7.3 billion in operating income, up 43% on the year. Net income was $6.4 billion, up 42% from this time a year ago. Gross margin was 64.5%, up 2.2 percentage points. Earnings per share were $1.38, up 47% on the year.
The blue team reported record quarterly revenue across all of its divisions. The Client Computing Group brought in $10.2 billion in revenue, up 16% on the year, and made $4.5 billion in operating income, ...