Intel’s revenue reached a record value of 14.8 billion dollars
Intel has published the report for the second quarter of 2017. The reporting period, the manufacturer brought 14.8 billion dollars in revenue. This value was a record. It is 9% higher than the figure for the second quarter of 2016, equal to 13.5 billion dollars.
Gross profit for the year increased from 58.9% to 61,6%. Operating profit increased by 190%, with 1.3 to $ 3.8 billion. Net profit is also increased. A year ago it was equal to 1.3 billion dollars, and last quarter reached 2.8 billion dollars, a growth of 111%.
Note that the expenditure on research and development, marketing and management remained unchanged. During the quarter on these purposes it was spent 5.1 billion dollars.
In the current quarter, the manufacturer expects revenue of 15.7±0,5 billion and gross profit of approximately 61%. On research and development, marketing and management is planned to allocate about 5.2 billion dollars.