Intel Reports 2Q13 Earnings and New Focus on Atom
Page 1 of 1
In his first earnings call as CEO on Wednesday afternoon, Krzanich detailed his strategy for how Intel will move forward. During Intel's second quarter fiscal 2013, revenue came in at $12.8 billion, up two percent on a year-over-year basis. Net Income was reported at $2 billion for the quarter, which is down by 2 percent over the second quarter of 2012.
Intel provided third quarter guidance for a midpoint revenue range of $13.5 billion.
While the second quarter was not a great one for Intel, the Data Center Group did better than the PC Client Group. PC Client Group revenue was reported at $8.1 billion, which is a 7.5 percent year-over-year decline. Data Center Group revenue, on the other hand, came in at $2.7 billion, which is flat year-over-year.