Intel’s earnings have stayed steady as the company reported second-quarter revenue of $13.5 billion. That’s still not as high as its holiday 2011 earnings, but it’s a steady rise from last quarter. Profit is up slightly as well: it reported $2.8 billion instead of $2.7. Compared to last year, the company’s also doing reasonably well: it reported $13 billion in revenue, though profit was higher at almost $3 billion.
Intel reports $13.5 billion in revenue for Q2 2012, crediting strong phone and ultrabook sales
Intel has reported revenue of $13.5 billion in the second quarter of 2012 and $2.8 billion in profit, up slightly from last quarter.
Intel has reported revenue of $13.5 billion in the second quarter of 2012 and $2.8 billion in profit, up slightly from last quarter.
is a senior tech and policy editor focused on online platforms and free expression. Adi has covered virtual and augmented reality, the history of computing, and more for The Verge since 2011.
According to Intel, revenue is up because of strong sales of ultrabooks and growing interest in smartphones, a market Intel recently entered with its Medfield chips. The company said this growth will likely slow more than expected later in the year, however, due to a “more challenging macroeconomic environment.” Intel has a lineup of ultrabooks, tablets, and phones planned for this fall, and Windows 8 could give a boost to PC sales, so we’ll see whether it can overcome the adversity of late 2012.
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