Intel's 2012 Results Show Promise for Data Center
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Intel reported its fiscal 2012 revenues last week.
For the year, Intel's revenue was reported at $53.3 billion with Net Income of $11.0 billion. The lion's share of Intel 2012 revenue came from its PC Client Group, with $34.3 billion, a 3 percent year-over-year decline. In contrast, the Data Center Group grew by 6 percent, with 2012 revenue of $10.7 billion.
"Worldwide GDP growth was significantly less than we had thought entering the year and the PC market segment with impacted by the growth of tablets," Intel CFO, Stacy Smith said during the company's earnings call.
Smith noted that the data center group grew thanks in part to a richer mix of products that Intel made available in 2012.
"The Data Center Group saw a comprehensive refresh across its product line last year," Intel CEO Paul Otellini said during his company's earnings call. "Romley locked the Sandy Bridge architecture to servers for the first time."
The Romley architecture, also known as the Xeon E5 was announced, in March of 2012. The E5 provides improved raw compute power as well as security and I/O innovations.