Strong PC demand lifts Intel's Q2 results

Intel recorded solid increases in revenue and net income in the second quarter as PC shipments grew faster than industry expectations.

Intel has ridden a wave of stronger-than-expected PC demand to post a solid increase in second-quarter revenue and net income.

Revenue was $US9.2 billion, up 15 per cent from last year and in line with analyst expectations as polled by Thomson First Call and with the company's midquarter update guidance in June. Net income was $US2 billion, up 16 per cent from last year. Earnings per share were $US0.33, slightly ahead of analyst expectations of $US0.32.

Notebook processors were in strong demand during the quarter, Intel said in a press release.

The company planned to boost its capital spending for the year to support higher demand for its products, it said.

Previously, IDC and Gartner reported that second-quarter PC shipments grew much more strongly than either researchers had anticipated based on the continued adoption of notebook PCs and aggressive cost-cutting by PC manufacturers.

Looking ahead to the third quarter, Intel predicted revenue would fall between $US9.6 billion and $US10.2 billion. The third and fourth quarters of a calendar year typically produce Intel's best results.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Tom Krazit

IDG News Service
Show Comments

Cool Tech

Breitling Superocean Heritage Chronographe 44

Learn more >

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?