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<title>Haaze.com / fkszteams / Published News</title>
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<pubDate>Thu, 01 Jan 1970 00:00:00 +0000</pubDate>
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<title><![CDATA[Capping its best year ever, Intel reports record Q4 earnings]]></title>
<link>http://www.haaze.com/story.php?title=capping-its-best-year-ever-intel-reports-record-q4-earnings</link>
<comments>http://www.haaze.com/story.php?title=capping-its-best-year-ever-intel-reports-record-q4-earnings</comments>
<pubDate>Mon, 30 Nov -001 00:00:00 +0000</pubDate>
<dc:creator>fkszteams</dc:creator>
<category>Latest News</category>
<guid>http://www.haaze.com/story.php?title=capping-its-best-year-ever-intel-reports-record-q4-earnings</guid>
<description><![CDATA[Intel reported record fourth quarter sales and earnings as it ramped up production for a new generation of microprocessors and saw strong demand during the holiday-selling season. That&amp;'s good news for the PC industry, since Intel is the world&amp;'s biggest chip maker and its earnings are a bellwether for the whole industry.&amp;''2010 was the best year in Intel&amp;'s history,&amp;'' said Paul Otellini, chief executive of Intel in Santa Clara, Calif. &amp;''We believe that 2011 will be even better.&amp;''The results reflect an overall recovery in the tech economy, which is racing ahead of the general worldwide economy in recovering from the big recession. In the fourth quarter, Intel reported revenues of $11.5 billion, up 8 percent from a year ago. Net income was $3.4 billion, up 48 percent from a year ago. Earnings per share were 59 cents, up 48 percent from a year ago.Analysts expectedIntel to report earnings of 53 cents per share on revenues of $11.37 billion. During the same period last year the company had earnings of 40 cents per share. Last quarter, Intel posted 52 cents per share, versus analyst estimates of 50 cents.For the full year, the numbers show just how gigantic Intel has become. Revenues were $43.6 billion, up 24 percent from $35.1 billion a year ago. Net income was $11.7 billion, up 167 percent from $6.6 billion a year ago. Earnings per share were $2.05, up 166 percent.At the Consumer Electronics Show last week, Otellini said that Intel&amp;'s launch of Sandy Bridge was one of its best ever, with more than 500 PCs being designed around the chip, which combines a microprocessor and graphics on the same piece of silicon. Sandy Bridge threatens the domain of stand-alone graphics chips,made by Advanced Micro Devices and Nvidia. Otellini claimed that Sandy Bridge chips would generate PC sales of $125 billion in 2011 for Intel&amp;'s PC partners. Overall, Sandy Bridge sales are expected to account for 30 percent of Intel&amp;'s sales in 2011. Otellini called Sandy Bridge the &amp;''best microprocessor we have ever built.&amp;''But Intel&amp;'s competitors aren&amp;'t standing still, and they represent credible threats. AMD has launched its Fusion combo graphics-microprocessor chipsat the same time as Sandy Bridge is debuting. And Nvidia announced last week at CES that it has begun Project Denver, a high-end ARM-based microprocessor. Microsoft also announced that it would open up Windows software beyond Intel-compatible chips. That could break the near-monopoly Intel has on the PC. Nvidia, Texas Instruments and Qualcomm are all developing ARM-based chips that could run a future version of Windows.Intel said for the fourth quarter, PC client group revenue was flat, data center group revenue was up 15 percent, and other chips and Intel Atom chip sales were all flat compared to the third quarter. Average selling prices for microprocessors was up slightly from the third quarter. Gross profit margin, or the percentage profit Intel makes on each chip sold, was 67.5 percent. I can remember that dropping below 50 percent for Intel during tough times.For the full year, Intel spent $5.2 billion in capital spending. For 2011, it plans to spend $9 billion. Research and development spending will be $7.3 billion. And the company expects revenues to grow 10 percent in 2011.Intel had never before exceeded $40 billion in sales, Otellini said in a conference call. It was the third quarter in a row that Intel set revenue records. Overall, the PC market grew 17 percent. Otellini said that the internet&amp;'s growth is fueling demand for PCs. He said that the internet generated 245 exabytes of data in 2010, more than all the previous years combined. That is expected to grow to 1,000 exabytes in the next five years as 1 billion more people get on the internet.All of that growth is fueling demand for Intel server chips, which power the data centers that grow with the internet. Otellini said that Intel is positioned to grow with data center expansion and the shift toward cloud computing, or computer services hosted in data centers.Otellini said &amp;''everything gets better&amp;'' in 2011. The company expects the economy will get better and Intel will refresh its line-up across the board in areas such as server chips. He said the company expects to compete well against rivals using the ARM chip architecture by coming up with chips that are higher performance, lower power, and lower cost.In 2011, Otellini said Intel will launch Atom chips that will run in smartphones and tablets, running Windows, Meego, and Android software. Seven tablets have been announced so far. That&amp;'s a small number, considering there were likely some 100 tablets announced at CES.He said that Atom has been selected in more than 1,700 designs for embedded gadgets, such as smart TVs or alarm clocks. Half of the embedded designs are coming from China and are applicable to the smartphone, tablet, and other gadget markets. Otellini said netbook sales grew 20 percent to 37 million units in 2011.Intel has 82,500 employees, up 800 people during the quarter.Next Story: Intel will go hog wild, spending $9B on chip factories in 2011 Previous Story: SoloPower wins $20 million loan for $340 million solar manufacturing plant in OregonPrintEmailTwitterFacebookGoogle BuzzLinkedIn      DiggStumbleUponRedditDeliciousGoogleMore&amp;8230'          Tags: microprocessor, pc, Sandy BridgeCompanies: advanced micro devices, Intel, Microsoft, NvidiaPeople: Paul Otellini          Tags: microprocessor, pc, Sandy BridgeCompanies: advanced micro devices, Intel, Microsoft, NvidiaPeople: Paul OtelliniDean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. Dean previously worked at the San Jose Mercury News, the Wall Street Journal, the Red Herring, the Los Angeles Times, the Orange County Register and the Dallas Times Herald. He is the author of two books, Opening the Xbox and the Xbox 360 Uncloaked. Follow him on Twitter at @deantak, and follow VentureBeat on Twitter at @venturebeat.VentureBeat has new weekly email newsletters.  Stay on top of the news, and don't miss a beat.<br/><br/>0 Vote(s) ]]></description>
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<item>
<title><![CDATA[Tesla CEO: Model S will support third-party apps]]></title>
<link>http://www.haaze.com/story.php?title=tesla-ceo-model-s-will-support-third-party-apps</link>
<comments>http://www.haaze.com/story.php?title=tesla-ceo-model-s-will-support-third-party-apps</comments>
<pubDate>Mon, 30 Nov -001 00:00:00 +0000</pubDate>
<dc:creator>fkszteams</dc:creator>
<category>Latest News</category>
<guid>http://www.haaze.com/story.php?title=tesla-ceo-model-s-will-support-third-party-apps</guid>
<description><![CDATA[Does your car have an app for that If Tesla Motors CEO Elon Musk has his way, it will.The electric-car maker&amp;'s CEO said at a conference today in San Francisco that the much-hyped Model S electric sedan will support third-party apps and text-to-voice capabilities.Musk made the announcement during the question-and-answer portion of his keynote speech at the Cleantech Forum in San Francisco. He was wearing jeans and a plaid shirt in a standing-room-only crowd full of suits. a4AWe want people to develop car-specific applications [for the Model S],a4 he told the audience. a4AAnd text-to-speech technology can address some of the issues with driver distraction.a4 With its large 17-inch touchscreen console, car fans and investors have long suspected that third-party apps might be part of the Model S plan, but Wednesdaya4a4s announcement was the first acknowledgement from Musk that the company is courting a developer community. The 39-year-old entrepreneur dodged questions about production schedule and the controversial lead-up to Teslaa4a4s IPO, which he described as a4Afun.a4 Musk also said he was optimistic about SolarCity, the solar-panel installation company where he is chairman. He said he believed that there was a a4Agood chancea4 that the company would put more solar panels on homes in the next three years than have been cumulatively installed to date. Next Story: EA&amp;'s Dragon Age Legends Facebook game unlocks features on console version Previous Story: Google adds comment streams to DocsPrintEmailTwitterFacebookGoogle BuzzLinkedIn      DiggStumbleUponRedditDeliciousGoogleMore&amp;8230'          Tags: electric cars, Model SCompanies: SolarCity, Tesla MotorsPeople: Elon Musk          Tags: electric cars, Model SCompanies: SolarCity, Tesla MotorsPeople: Elon Musk Have news to share Launching a startup Email: tips@venturebeat.comVentureBeat has new weekly email newsletters.  Stay on top of the news, and don't miss a beat.<br/><br/>0 Vote(s) ]]></description>
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