Intel also announced Q1 results last week, calling it a “record first quarter.”
Intel Corporation today reported first-quarter revenue of $10.3 billion. The company reported operating income of $3.4 billion, net income of $2.4 billion and EPS of 43 cents.
Financial performance is up substantially both sequentially (from Q4 2009) and year-over-year (from Q1 2009). Intel’s gross margin, at 63% in Q1, is really quite remarkable and is way better than AMD’s gross margin for the same period (47%, see our coverage here).