Intel Corporation today reported record results by posting a full-year revenue of $54 billion with a net income of $12.9 billion.
The company also generated approximately $21 billion in cash from operations. While for the fourth quarter, Intel posted revenue of $13.9 billion, and net income of $3.4 billion.
Paul Otellini, president and CEO of Intel, said, “2011 was an exceptional year for Intel, With outstanding execution the company performed superbly, growing revenue by more than $10 billion and eclipsing all annual revenue and earnings records. With a tremendous product and technology pipeline for 2012, we’re excited about the global growth opportunities presented by Ultrabook systems, the data center, security and the introduction of Intel-powered smartphones and tablets.”
