Intel Bottomed Out in Q1?
On this key IRS date, Intel reports a first-quarter revenue and income loss that has hopefully seen the bottom and the company hopes for a resurgence to normal in the coming season.
Revenue for the IT giant came to $7.1 billion in the first quarter of 2009, a fall of 13% from last year's Q4 and 26% from Q1 2008. Net income came to $647 million or 11 cents per share, down 55% from Q1 2008. Capital investments were less for Intel in Q1 in the order of $1.1 million (mainly because of Clearwire), leading to a 176% gain over Q4 2008.
Revenue from Intel's Atom processors and chipsets was down 27%, at $219 million, compared to Q4 2008.
Business outlook for the coming quarter is "particulary difficult to predict" per Intel, but revenue is expected to be level with that of Q1.
Subscribe to our Linux Newsletters
Find Linux and Open Source Jobs
Subscribe to our ADMIN Newsletters
Support Our Work
Linux Magazine content is made possible with support from readers like you. Please consider contributing when you’ve found an article to be beneficial.
News
-
Linux Mint 20 Reaches EOL
With Linux Mint 20 at its end of life, the time has arrived to upgrade to Linux Mint 22.
-
TuxCare Announces Support for AlmaLinux 9.2
Thanks to TuxCare, AlmaLinux 9.2 (and soon version 9.6) now enjoys years of ongoing patching and compliance.
-
Go-Based Botnet Attacking IoT Devices
Using an SSH credential brute-force attack, the Go-based PumaBot is exploiting IoT devices everywhere.
-
Plasma 6.5 Promises Better Memory Optimization
With the stable Plasma 6.4 on the horizon, KDE has a few new tricks up its sleeve for Plasma 6.5.
-
KaOS 2025.05 Officially Qt5 Free
If you're a fan of independent Linux distributions, the team behind KaOS is proud to announce the latest iteration that includes kernel 6.14 and KDE's Plasma 6.3.5.
-
Linux Kernel 6.15 Now Available
The latest Linux kernel is now available with several new features/improvements and the usual bug fixes.
-
Microsoft Makes Surprising WSL Announcement
In a move that might surprise some users, Microsoft has made Windows Subsystem for Linux open source.
-
Red Hat Releases RHEL 10 Early
Red Hat quietly rolled out the official release of RHEL 10.0 a bit early.
-
openSUSE Joins End of 10
openSUSE has decided to not only join the End of 10 movement but it also will no longer support the Deepin Desktop Environment.
-
New Version of Flatpak Released
Flatpak 1.16.1 is now available as the latest, stable version with various improvements.