SANTA CLARA, Calif., April 19, 2011 â€“ Intel Corporation today reported record EPS and revenue on both a GAAP and non-GAAP basis.
On a non-GAAP basis, revenue was $12.9 billion, operating income was $4.3 billion, net income was $3.3 billion, and EPS was 59 cents. On a GAAP basis, the company reported first-quarter revenue of $12.8 billion, operating income of $4.2 billion, net income of $3.2 billion, and EPS of 56 cents.
The company generated approximately $4.0 billion in cash from operations, paid cash dividends of $994 million, and used $4.0 billion to repurchase 189 million shares of common stock.
â€œThe first-quarter revenue was an all-time record for Intel fueled by double digit annual revenue growth in every major product segment and across all geographies,â€ said Paul Otellini, Intel president and CEO. â€œThese outstanding results, combined with our guidance for the second quarter, position us to achieve greater than 20 percent annual revenue growth.â€
That. Is a LOT of money...