Intel is piling up money and has now presented the fiscal report for the second quarter of 2010. Intel says that this was the best quarter in the 42-year history of the company, which says quite a lot when it comes to a money making machine like Intel.
With a revenue of 10.8 billion dollar it went up 34 percent year-to-year. Intel has a total income of 4 billion and net income of 2.9 billion.
Intel VP Paul Otellini was of course mighty happy with the record note and pointed out that the progress in manufacturing technology and circuit designs has been the key.
Our process technology lead plus compelling architectural designs increasingly differentiate Intel-based products in the marketplace. The PC and server segments are healthy and the demand for leading-edge technology will continue to increase for the foreseeable future.
Intel has even greater hopes for the third quarter of 2010 where they expect the revenue will increase to 90 billion dollar. Money that will hopefully be used to create new and interesting products for the PC market.
Intel’s fiscal report can be found here (PDF).
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