Intel Corp. (www.intel.com) has reported quarterly revenue of US$13.5 billion, operating income of $3.8 billion, net income of $3.0 billion and EPS [earnings per share] of $0.58. The company generated approximately $5.1 billion in cash from operations, paid dividends of $1.1 billion and used $1.2 billion to repurchase stock.
“Our third-quarter results reflected a continuing tough economic environment,” says Paul Otellini, Intel president and CEO. “The world of computing is in the midst of a period of breakthrough innovation and creativity. As we look to the fourth quarter, we’re pleased with the continued progress in ultrabooks and phones and excited about the range of Intel-based tablets coming to market.”