Earnings Webcast
Intel will hold a public webcast at 2:30 p.m. PDT today on its Investor Relations Web site at www.intc.com. A webcast replay and MP3 download will also be made available on the site.
Intel (NASDAQ: INTC), the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at www.intel.com/pressroom and blogs.intel.com
Intel, the Intel logo and Intel Atom are trademarks of Intel Corporation in the United States and other countries.
* Other names and brands may be claimed as the property of others.
INTEL CORPORATION | |||||||
CONSOLIDATED SUMMARY INCOME STATEMENT DATA | |||||||
(In millions, except per share amounts) | |||||||
Three Months Ended | |||||||
Mar. 28, | Mar. 29, | ||||||
2009 | 2008 | ||||||
NET REVENUE | $ | 7,145 | $ | 9,673 | |||
Cost of sales | 3,884 | 4,466 | |||||
GROSS MARGIN | 3,261 | 5,207 | |||||
Research and development | 1,317 | 1,467 | |||||
Marketing, general and administrative | 1,200 | 1,349 | |||||
Restructuring and asset impairment charges | 74 | 329 | |||||
OPERATING EXPENSES | 2,591 | 3,145 | |||||
OPERATING INCOME | 670 | 2,062 | |||||
Gains (losses) on equity investments, net | (113) | (59) | |||||
Interest and other, net | 95 | 168 | |||||
INCOME BEFORE TAXES | 652 | 2,171 | |||||
Provision for taxes | 5 | 728 | |||||
NET INCOME | $ | 647 | $ | 1,443 | |||
BASIC EARNINGS PER COMMON SHARE | $ | 0.12 | $ | 0.25 | |||
DILUTED EARNINGS PER COMMON SHARE | $ | 0.11 | $ | 0.25 | |||
WEIGHTED AVERAGE SHARES OUTSTANDING: | |||||||
BASIC | 5,573 | 5,787 | |||||
DILUTED | 5,634 | 5,879 |