Earnings Webcast
Intel will hold a public webcast at 2:30 p.m. PST today on its Investor Relations Web site at www.intc.com. A webcast replay and MP3 download will also be made available on the site.
Intel (NASDAQ: INTC), the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at www.intel.com/pressroom and http://blogs.intel.com
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| INTEL CORPORATION | |||||||||||||||||
| CONSOLIDATED SUMMARY INCOME STATEMENT DATA | |||||||||||||||||
| (In millions, except per share amounts) | |||||||||||||||||
| Three Months Ended | Twelve Months Ended | ||||||||||||||||
| Dec. 27, | Dec. 29, | Dec. 27, | Dec. 29, | ||||||||||||||
| 2008 | 2007 | 2008 | 2007 | ||||||||||||||
| NET REVENUE | $ | 8,226 | $ | 10,712 | $ | 37,586 | $ | 38,334 | |||||||||
| Cost of sales | 3,857 | 4,486 | 16,742 | 18,430 | |||||||||||||
| GROSS MARGIN | 4,369 | 6,226 | 20,844 | 19,904 | |||||||||||||
| Research and development | 1,316 | 1,481 | 5,722 | 5,755 | |||||||||||||
| Marketing, general and administrative | 1,263 | 1,464 | 5,458 | 5,417 | |||||||||||||
| Restructuring and asset impairment charges | 251 | 234 | 710 | 516 | |||||||||||||
| OPERATING EXPENSES | 2,830 | 3,179 | 11,890 | 11,688 | |||||||||||||
| OPERATING INCOME | 1,539 | 3,047 | 8,954 | 8,216 | |||||||||||||
| Gains (losses) on equity investments, net | (1,192 | ) | (19 | ) | (1,756 | ) | 157 | ||||||||||
| Interest and other, net | 22 | 233 | 488 | 793 | |||||||||||||
| INCOME BEFORE TAXES | 369 | 3,261 | 7,686 | 9,166 | |||||||||||||
| Provision for taxes | 135 | 990 | 2,394 | 2,190 | |||||||||||||
| NET INCOME | $ | 234 | $ | 2,271 | $ | 5,292 | $ | 6,976 | |||||||||
| BASIC EARNINGS PER COMMON SHARE | $ | 0.04 | $ | 0.39 | $ | 0.93 | $ | 1.20 | |||||||||
| DILUTED EARNINGS PER COMMON SHARE | $ | 0.04 | $ | 0.38 | $ | 0.92 | $ | 1.18 | |||||||||
| WEIGHTED AVERAGE SHARES OUTSTANDING: | |||||||||||||||||
| BASIC | 5,562 | 5,841 | 5,663 | 5,816 | |||||||||||||
| DILUTED | 5,623 | 5,988 | 5,748 | 5,936 | |||||||||||||
