Intel records revenue and profit gains in Q4

13.01.2011

Revenue for the PC Client Group was $8.03 billion, growing from $7.76 billion in last year's fourth quarter.

For the whole year, Intel reported revenue of $43 billion, up 24 percent compared to the last fiscal year. Intel is hoping for a strong fiscal 2011.

"2010 was the best year in Intel's history. We believe that 2011 will be even better," said Paul Otellini, Intel's CEO, in a statement.

For the first quarter of 2011, Intel is expecting revenue to be around $11.5 billion, plus or minus $400 million.

The past two weeks have been busy for Intel. The company last week announced the launch of its next generation of Core processors based on the Sandy Bridge architecture, which include a CPU and graphics processor on a single chip.