Intel: Despite all the problems, it achieves the highest income in its history in a quarter
Against all expectations, Intel's revenues have been much higher than expected, even being the best in the history of the company.
The processor market, at least the desktop market, has taken a major turn with the arrival of the AMD Ryzen 3000. Intel is still stuck at 14nm and it fails to meet the high demand for processors. These days the financial data of Q3 2019 are being shown by many companies. Although Intel's situation in the market is far from idyllic, the numbers do not reflect it.
Many users consider the company for dead and are clear that it has fallen against its great competitor in the processor market. Something that the financial results of the company deny. Against all odds and far from logic: INTEL HAS REACHED THE GREATEST REVENUE IN ITS HISTORY.
Intel breaks revenue records at its worst
Despite the brutal competition from AMD with Ryzen and EPYC and still with high prices, Intel breaks records. Logic would dictate that in the face of competition from AMD and its more expensive processors, it should fall in revenue, but no.
According to the financial report they have generated 19 billion dollars and 200 dollars in non-GAAP. They have exceeded estimates by $ 1.42 billion, which is unprecedented. It is normal that Bob Swan, CEO of Intel, was cheered when he presented the data.
The secret is in the Data Center market, which has accounted for practically 50% of the collection. Two segments that have generated records are the IoT and NSG (Non-Volatile Memory Division)
On the other hand, the sale of Intel desktop processors has contracted by 5%. It's not a surprise, really. The problems to satisfy the demand and the arrival of the Ryzen 3000 have consequences.
The company points out that the demand for its own 10nm processors is increasing and the company wants to keep up. In addition, the company has said that after the official launch it will return to the Tik-Tok system. This means that they will introduce a new lithograph and the following year the improved version will be launched, with the lithograph only being on the market for two years.
Source: TS
