Intel announced its second-quarter earnings today, with numbers that add up to what chief Paul Otellini called "the best quarter in the company's 42-year history." The mega-chipmaker's revenue for the quarter was $10.8bn and 51 cents per share. According to the Wall Street Journal, the consensus of top moneymen was that …
inflation adjustments dropped, of course.
"the best quarter in the company's 42-year history "
In dollars, not inflation-adjusted, of course. Quite meaningless statement by it self.
It's not a difficult task when inflation runs at about 10% yearly, ie. same amount of stuff sold gives you 10% more money and everyone are happy because revenue increased.
On paper, at least and Otellini don't say anything about real numbers.
wt icon says
what inflation on computers or servers ? ..
either price is same with better chips, or cheaper for slightly dated boxen
at least in US .. I update a computer store's prices about every 6 weeks as webmaster, and the 7 basic price schemes from $349 to $1095 just get updated to better Intel chips, faster and/or more RAM ( as the motherboards get upgraded ) ...
All Intel shop since 1996 ...
IF inflation was 10% per annum, there might be a valid criticism here. But it's not, and it hasn't been for quite a while. In fact, the long term average has been sub-3% in recent years:
Intel is a global company, and this is US data, so there are clearly more factors at play given
the global market for chips, but I don't think it's a stretch to argue that this is Intel's best quarter.
Tux, cuz that's what the chips in the servers do.....