Intel on Thursday said it wrap up a strong fiscal 2010 with profit and revenue gains in the fourth quarter, and predicted a physically powerful fiscal year 2011.
The company reported net income of $3.4 billion for the part ended on Dec. 25, up by 48 percent compared to the same quarter last year. Earnings per allocate were $0.59, beating the consensus estimation of $0.53 from analysts polled by Thomson Reuters.
Intel reported revenue of $11.5 billion, an boost of 8 percent compared to the same quarter last year. Analysts had usual revenue to be $11.37 billion.
Intel's Data Center Group recorded $2.5 billion in profits for the quarter, compared to $2 billion in profits during last year's fourth quarter
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