Intel Posts Record Third-Quarter Revenue of $10.2 Billion -- Net Income Up By 12%
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INTEL CORPORATION
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SUPPLEMENTAL FINANCIAL AND OTHER INFORMATION
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(In millions)
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Q3 2008
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Q2 2008
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Q3 2007
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GEOGRAPHIC REVENUE:
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Asia-Pacific
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$5,389
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$4,805
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$5,205
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53
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%
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51
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%
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52
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%
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Americas
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$1,887
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$1,985
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$2,067
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19
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%
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21
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%
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20
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%
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Europe
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$1,883
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$1,741
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$1,824
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18
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%
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18
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%
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18
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%
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Japan
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$1,058
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$939
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$994
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10
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%
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10
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%
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10
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%
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CASH INVESTMENTS:
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Cash and short-term investments
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$8,287
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$8,391
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$10,796
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Trading assets - marketable debt securities (1)
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3,508
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3,127
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1,732
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Total cash investments
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$11,795
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$11,518
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$12,528
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TRADING ASSETS:
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Trading assets - equity securities
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offsetting deferred compensation (2)
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$409
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$443
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$493
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Total trading assets - sum of 1+2
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$3,917
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$3,570
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$2,225
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SELECTED CASH FLOW INFORMATION:
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Depreciation
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$1,059
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$1,042
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$1,098
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Share-based compensation
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$197
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$243
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$227
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Amortization of intangibles
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$68
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$63
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$65
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Capital spending
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($1,374
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)
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($1,151
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)
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($1,088
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)
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Stock repurchase program
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($2,117
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)
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($2,500
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)
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($750
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)
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Proceeds from sales of shares to employees, tax benefit & other
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$277
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$381
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$908
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Dividends paid
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($783
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)
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($800
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)
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($657
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)
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Net cash received/(used) for divestitures/acquisitions
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($9
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)
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-
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($42
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)
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EARNINGS PER SHARE INFORMATION:
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Weighted average common shares outstanding - basic
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5,603
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5,699
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5,837
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Dilutive effect of employee equity incentive plans
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38
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50
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79
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Dilutive effect of convertible debt
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51
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51
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51
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Weighted average common shares outstanding - diluted
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5,692
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5,800
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5,967
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STOCK BUYBACK:
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Shares repurchased
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93
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109
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30
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Cumulative shares repurchased (in billions)
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3.3
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3.2
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2.9
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Remaining dollars authorized for buyback (in billions)
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$7.4
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$9.5
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$16.0
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OTHER INFORMATION:
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Employees (in thousands)
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83.5
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81.8
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88.1
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