Wednesday, July 15, 2015

Intel Sees Strength in Data Center & IoT Segments

Intel reported revenue of $13.2 billion for 2Q 2015, consistent with its previous guidance, gross margin of 62.5%, operating income of $2.9 billion, net income of $2.7 billion and EPS of 55 cents. The company said data center, memory and IoT represented a growing share of its profits, more than offsetting weakness in the desktop PC market.

Revenue by segment:

  • Client Computing Group revenue of $7.5 billion, up 2 percent sequentially and down 14 percent year-over-year
  • Data Center Group revenue of $3.9 billion, up 5 percent sequentially and up 10 percent year-over-year
  • Internet of Things Group revenue of $559 million, up 5 percent sequentially and up 4 percent year-over-year
  • Software and services operating segments revenue of $534 million, flat sequentially and down 3 percent year-over-year

At the end of Q2, Intel had 107,000 employees worldwide, flat compared to the previous quarter.