Intel reported an increase in quarterly net profit on Tuesday , brushing off weakness in the consumer market and presage “ levelheaded world-wide demand for computing products ” make a motion ahead .
Intel reported a net profit of $ 3 billion for the third quarter ended Sept. 25 , up from $ 1.86 billion in the same period last year . Its quarterly revenue topped $ 11 billion for the first time , reach $ 11.1 billion , up from $ 9.39 billion a class originally .
In August , Intel lowered its revenue prognosis to around $ 11 billion , citing frail demand for consumer microcomputer in mature mart . Its results this quarter were driven by “ solid demand ” from corporate client , Intel said .
“ Looking frontward , we go forward to see healthy worldwide requirement for reckon products of all eccentric , ” Intel CEO Paul Otellini said in a statement .
Microprocessor taxation from the company ’s microcomputer group was $ 6.3 billion , up from $ 5.2 billion the former year . Microprocessor revenue for its Data Center group , which sells server chipping , was $ 1.85 billion , up from $ 1.38 billion a yr ago , Intel said .
The company is due to free quicker and more DOE - efficient microprocessor for laptops and desktops in the first twenty-five percent next year , base on a new microarchitecture called Sandy Bridge .
Intel also hopes to flesh out into new markets such as those for tablets and idiot box . Logitech and Sony have announced Google TV product that use an Intel Atom chip customise for TVs and set - top box . Some twist makers have also designed tablets free-base on Intel ’s Atom chips .
Intel stick out quaternary - quarter revenue to be $ 11.4 billion , plus or minus $ 400 million . The enterprise market will continue to produce with strong server shipments , but weaker - than - carry lading of consumer laptop in fledged grocery could smart revenue , Chief Financial Officer Stacy Smith said on a group discussion call after the account .
Consumer PC despatch were strong in emerging securities industry , especially in China through white - box vendors , Otellini enjoin . White - loge PCs typically are built to place by small , independent PC makers . The softness on the consumer side was in the U.S. and Europe , as discretionary spending subside during the twenty-five percent .
sale in the enterprisingness securities industry were partly driven by the transposition of client PCs and growing requirement for cloud servers , Otellini said . There was a 20 percent year - over - class increase in splintering dispatch for cloud servers and a 50 percent growth compared with the second after part of this year .
CIOs continue to easy promote client PCs to Windows 7 , Otellini say . Sandy Bridge processors could supply a arc to the refresh cycle in the first calendar quarter of next class , Otellini said . The chip is extremely integrated and make for sound app , security measures and graphics carrying out to PCs , he said .
However , the overall PC food market will carry on to grow at a steady rate of about 12 percent to 18 percent next twelvemonth , Otellini read . need for netbooks has softened , but the company is looking for a revenue boost by focusing on new areas such as tablets .
In fact , lozenge shipments are already bite into PC consignment by a few million units per quarter , Otellini enjoin . IDC has projected PC gross sales to reach 355 million units this class . Users will see more Intel - based tablets with Windows , Meego and Android operating system in the coming quarter , Otellini say .
“ We call back pill are exciting and we in full welcome their arriver . Apple has done a peachy job reinvent the category , ” Otellini tell .
The company is developing low-toned - power Atom poker chip for tablet , including a chip computer code - named Oak Trail , which was announced in June . Beyond strong carrying into action , Oak Trail will offer full Windows compatibility , which is important for enterprise , Otellini said . Vendors such as Hewlett - Packard and Cisco have already announced Atom - free-base tablets .
Intel also say it require to mix 3 G ( third - generation ) and 4 GB mobile data modem inside Atom chips to establish a presence in the smartphone quad . The technology will fall from Infineon , which agreed to sell its wireless unit to Intel this quarter .
