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 STATEMENT OF OPERATIONS DATA | ||||||||||||||||||
| (In millions, except per share amounts) | ||||||||||||||||||
| Three Months Ended | Six Months Ended | |||||||||||||||||
| June 27, | June 28, | June 27, | June 28, | |||||||||||||||
| 2009 | 2008 | 2009 | 2008 | |||||||||||||||
| NET REVENUE | $ | 8,024 | $ | 9,470 | $ | 15,169 | $ | 19,143 | ||||||||||
| Cost of sales | 3,945 | 4,221 | 7,852 | 8,687 | ||||||||||||||
| GROSS MARGIN | 4,079 | 5,249 | 7,317 | 10,456 | ||||||||||||||
| Research and development | 1,303 | 1,468 | 2,620 | 2,935 | ||||||||||||||
| Marketing, general and administrative | 1,250 | 1,430 | 2,450 | 2,779 | ||||||||||||||
| R&D AND MG&A | 2,553 | 2,898 | 5,070 | 5,714 | ||||||||||||||
| European Commission fine | 1,447 | - | 1,447 | - | ||||||||||||||
| Restructuring and asset impairment charges | 91 | 96 | 165 | 425 | ||||||||||||||
| OPERATING EXPENSES | 4,091 | 2,994 | 6,682 | 6,139 | ||||||||||||||
| OPERATING INCOME (LOSS) | (12 | ) | 2,255 | 635 | 4,317 | |||||||||||||
| Gains (losses) on equity investments, net | (69 | ) | (109 | ) | (182 | ) | (168 | ) | ||||||||||
| Interest and other, net | 31 | 167 | 126 | 335 | ||||||||||||||
| INCOME (LOSS) BEFORE TAXES | (50 | ) | 2,313 | 579 | 4,484 | |||||||||||||
| Provision for taxes | 348 | 712 | 348 | 1,440 | ||||||||||||||
| NET INCOME (LOSS) | $ | (398 | ) | $ | 1,601 | $ | 231 | $ | 3,044 | |||||||||
| BASIC EARNINGS (LOSS) PER COMMON SHARE | $ | (0.07 | ) | $ | 0.28 | $ | 0.04 | $ | 0.53 | |||||||||
| DILUTED EARNINGS (LOSS) PER COMMON SHARE | $ | (0.07 | ) | $ | 0.28 | $ | 0.04 | $ | 0.52 | |||||||||
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: | ||||||||||||||||||
| BASIC | 5,595 | 5,699 | 5,584 | 5,743 | ||||||||||||||
| DILUTED | 5,595 | 5,800 | 5,656 | 5,840 | ||||||||||||||
