Intel reports record Q1 results - Mobile World Live

Intel reports record Q1 results

20 APR 2011

Intel reported a net profit of US$3.3 billion for the first quarter of 2011, up 34 percent year-on-year, on revenue of US$12.9 billion, up 25 percent. Paul Otellini, its president and CEO, said that this was “an all-time record for Intel fueled by double digit annual revenue growth in every major product segment and across all geographies.” During the quarter, the company closed its acquisition of Infineon Wireless Solutions.

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