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Guru3D.com » News » Intel reports record turnover and doubles up on profit

Intel reports record turnover and doubles up on profit

by Hilbert Hagedoorn on: 07/28/2017 05:52 AM | source: | 46 comment(s)
Intel reports record turnover and doubles up on profit

Intel reached a new high as they had a record revenues of $ 14.8 billion USD in the second quarter of this year. That is a 9 percent growth over the same period in 2016.

The quarterly profit has risen from $ 1.3 billion ($ 1.11 billion) last year to $ 2.8 billion (2.4 billion) in the past three months. Thuis Intels profits have been doubled.

The revenues increases mainly are based on, among other things, to the growth in data centers. Revenues totaled $ 4.4 billion (3.77 billion), 9 percent more than a year earlier. Intel exceeded expectations of analysts with its quarterly figures. 

The strong results make Intel positive about the expectations for the rest of the year. The company expects an annual turnover of $ 61.3 billion. A good 1.3 billion dollars more than previously anticipated.







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nevcairiel
Senior Member



Posts: 748
Joined: 2015-05-19

#5456536 Posted on: 07/28/2017 01:04 PM
are bribes for monopoly so profitable?


Why would they bribe anyone if there is no competition anyway?
Also, lying on official earning calls is a felony.

They make the majority of their money from professional sales, ie. datacenter and the like, where there hasn't been any competition for years and years. If that changes in the future we'll see, but earnings are for the past, not the future. :p

RzrTrek
Senior Member



Posts: 2525
Joined: 2012-04-16

#5456539 Posted on: 07/28/2017 01:08 PM
Intel should be forced to give an year ´s profit to AMD to even out things...

It´s ridiculous the amount of money some companies make every year...
That's not how it works and I hope you're not serious.

chronek
Senior Member



Posts: 185
Joined: 2016-09-19

#5456549 Posted on: 07/28/2017 01:32 PM
Why would they bribe anyone if there is no competition anyway?


Ya, why Intel would pay to MS and Nvidia for work better with their cpu (if detect intel cpu it runs optimized code, if not then run completly unoptimized - in os, directx api, drivers, games (because of ms visual c++ etc)...) or pay to distributors to sell only their products... It make no sense, what would they gain?... except profit...

btw https://youtu.be/osSMJRyxG0k

PS. AMD should start support alternative systems (like ReactOS) because MS only rub Intel back.. Why ReactOS? Because it is natively most compatible os with windows and it can be alternative os for pc game industry in future, and it can be well optimized for amd if they want.

cryohellinc
Senior Member



Posts: 3352
Joined: 2014-10-20

#5456556 Posted on: 07/28/2017 01:54 PM
Why would they bribe anyone if there is no competition anyway?
Also, lying on official earning calls is a felony.

They make the majority of their money from professional sales, ie. datacenter and the like, where there hasn't been any competition for years and years. If that changes in the future we'll see, but earnings are for the past, not the future. :p

Clearly you aren't familiar with what Intel has been doing for past 40 years.

The amount of bribes they make yearly just to sit on top as monopolist. The amount of cases that are open against Intel's anti consumer, anti technology, anti free market practices is staggering. 1.4 Billion EU commission lawsuit alone is a nice example. :infinity:

Start your research with this great video - https://youtu.be/osSMJRyxG0k as an example.


P.S.
haha reps to chronek, posted exactly the same video. :)

H83
Senior Member



Posts: 3344
Joined: 2009-09-08

#5456570 Posted on: 07/28/2017 02:33 PM
Ya, why Intel would pay to MS and Nvidia for work better with their cpu (if detect intel cpu it runs optimized code, if not then run completly unoptimized - in os, directx api, drivers, games (because of ms visual c++ etc)...) or pay to distributors to sell only their products... It make no sense, what would they gain?... except profit...


I was under the impression that Intel only did this in the Athlon era because the Athlon destroyed Pentium back in the day and later they´re found out and stopped it. Correct me if i´m wrong, please.
Because like nevcairiel said there´s no point in bribing people when there´s no competition...

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