Earnings Webcast
Intel will hold a public webcast at 2:30 p.m. PDT today on its Investor Relations Web site at www.intc.com. A webcast replay and MP3 download will also be made available on the site.
Intel [NASDAQ: INTC], the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at www.intel.com/pressroom and blogs.intel.com
Intel, the Intel logo, Intel Xeon, Intel Core, and Intel Atom are trademarks of Intel Corporation in the United States and other countries.
* Other names and brands may be claimed as the property of others.
|
INTEL CORPORATION |
||||||||||||||
| CONSOLIDATED SUMMARY STATEMENT OF OPERATIONS DATA | ||||||||||||||
| (In millions, except per share amounts) | ||||||||||||||
| Three Months Ended | Nine Months Ended | |||||||||||||
| Sept. 26, | Sept. 27, | Sept. 26, | Sept. 27, | |||||||||||
| 2009 | 2008 | 2009 | 2008 | |||||||||||
| NET REVENUE | $ | 9,389 | $ | 10,217 | $ | 24,558 | $ | 29,360 | ||||||
| Cost of sales | 3,985 | 4,198 | 11,837 | 12,885 | ||||||||||
| GROSS MARGIN | 5,404 | 6,019 | 12,721 | 16,475 | ||||||||||
| Research and development | 1,430 | 1,471 | 4,050 | 4,406 | ||||||||||
| Marketing, general and administrative | 1,320 | 1,415 | 3,766 | 4,191 | ||||||||||
| R&D AND MG&A | 2,750 | 2,886 | 7,816 | 8,597 | ||||||||||
| European Commission fine | - | - | 1,447 | - | ||||||||||
| Restructuring and asset impairment charges | 63 | 34 | 228 | 459 | ||||||||||
|
Amortization of acquisition-related intangibles and costs |
12 | 1 | 16 | 4 | ||||||||||
| OPERATING EXPENSES | 2,825 |
|
2,921 |
|
9,507 |
|
9,060 | |||||||
| OPERATING INCOME (LOSS) | 2,579 | 3,098 | 3,214 | 7,415 | ||||||||||
| Gains (losses) on equity investments, net | (79) | (396) | (261) | (564) | ||||||||||
| Interest and other, net | 32 | 131 | 158 | 466 | ||||||||||
| INCOME (LOSS) BEFORE TAXES | 2,532 | 2,833 | 3,111 | 7,317 | ||||||||||
| Provision for taxes | 676 |
|
819 | 1,024 | 2,259 | |||||||||
| NET INCOME (LOSS) | $ | 1,856 | $ | 2,014 | $ | 2,087 | $ | 5,058 | ||||||
| BASIC EARNINGS (LOSS) PER COMMON SHARE | $ | 0.34 | $ | 0.36 | $ | 0.37 | $ | 0.89 | ||||||
| DILUTED EARNINGS (LOSS) PER COMMON SHARE | $ | 0.33 | $ | 0.35 | $ | 0.37 | $ | 0.87 | ||||||
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: | ||||||||||||||
| BASIC | 5,537 | 5,603 | 5,568 | 5,696 | ||||||||||
| DILUTED | 5,616 | 5,692 | 5,643 | 5,790 | ||||||||||
