Intel Reports First-Quarter Revenue of $12.9 Billion
SANTA CLARA, Calif. -- April 17, 2012Intel Corporation today reported quarterly revenue of $12.9 billion, operatingincome of $3.8 billion, net income of $2.7 billion and EPS of $0.53. Thecompany generated approximately $3.0 billion in cash from operations, paiddividends of $1.0 billion and used $1.5 billion to repurchase stock.“The first quarter was a solid start to what’s expected to be another growthyear for Intel,” said Paul Otellini, Intel president and CEO. “In the secondquarter we’ll see the first Intel-based smartphones in the market, shipproducts based on 22nm tri-gate technology in high volume, and accelerate theramp of our best server product ever, providing a tremendous foundation forgrowth in 2012 and beyond.”
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