Intel's financial results are presented, showing an increase in revenue in the PC and Data Center market, despite selling fewer processors.
The first company to present financial results was Intel. We must bear in mind that to the problem of 10nm, there have been problems in terms of production. This last problem has not affected revenue, because the price of processors increased significantly. The company shows that in Q4 2018 they have income 18.657 million dollars, which represents an increase of 9.4% compared to Q4 2017.
Intel increases in revenue despite production problems
Despite all the problems, the two majority divisions of the company have improved in terms of results. We started with the PC business in general, the most important of the company has generated 9.800 million dollars, which represents an increase of 10%. An increase driven by the gaming processor segment. During the presentation of the accounts, the company said that the 10nm "will be in third-party equipment by Christmas 2019"
The second most important market segment of the company is that of processors for Data Centers and companies. This division has increased 6.100 billion dollars with an increase of 9% compared to Q4 2017.
Intel's processor division for the Internet of Things is down 7% to $ 816 million. Important increase in the memory division, which has improved by 25%, earning 1.100 million dollars. Finally, programmable solutions have improved by 8% generating 612 million dollars.
A 10% decrease in the number of laptop processors stands out, which increased by 3%. The sales volume of desktop processors fell 7% at the same time as the average price increased 5%.
A very interesting fact is that the modems for Apple and other companies have been 200 million dollars less than expected. It is mostly related to the poor sales of iPhone Xr, Xs and Xs Max.
The gross margin, the purchase price of the users of these processors and the sales price of the company has dropped from 63.2% to 60.2%. As Intel itself supplies its processors, they have a higher gross margin than AMD. Recently to meet demand, Intel has hired TSMC to improve the situation.
