Intel Reports 2010 Record Year

01/14/2011

Up 24 percent over last year, Intel finish up its fiscal year with a reported $43.6 billion in sales.

“2010 was the best year in Intel’s history. We believe that 2011 will be even better,” said Paul Otellini, Intel president and CEO in the announcement this week.

In addition to the record breaking $43.6 billion in sales, Intel also reports operating income of $15.9 billion, net income of $11.7 billion, and EPS of $2.05 stating these are all records as well. Intel generated approximately $16.7 billion in cash from its operations and paid cash dividends of $3.5 billion. Intel also used $1.5 billion to repurchase 70 million shares of its common stock.

For the fourth-quarter earnings Intel posted revenue of $11.5 billion.

See Intel's website for more information on its record breaking year end.

( Amber Graner)

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