Intel company yesterday reported about the financial activity results for the first quarter 2009. The indices of processor giant can serve as a good marker, which allow to understand the development trends, since Intel occupies essential market share immediately in several segments.
Intel Chapter (Paul otellini) stated that the sales volumes reached their bottom in the first quarter present year, and now demand returns to the higher levels. At least, the reserves returned to the normal indices. Intel was forced to reduce its reserves up to 19% in comparison with the past block, or to discharge about 1400 colleagues.
Income from sales was reduced in the first quarter by 26% in comparison with analogous period last year and by 13% in comparison with the previous block. In all in the first quarter Intel was possible to rescue $7,1 billion - this even better than the expectations of many analysts. Operating profit was reduced by 68% in comparison with the first quarter 2008 and by 56% in comparison with the fourth quarter 2008. Its size composed $670 ml according to the indices of clean profit ($647 mln.) , Intel company was even capable to demonstrate increase by up to 176% in comparison with the previous block, but in the year the drop composed 55%.
The processors sales volumes in the quantitative expression also were reduced in comparison with the past block. Atom processors and its chipset in the fourth quarter ensured income in the size of $219 mln - this up to 27% less than the indices of previous block.
The Company as before intends to spend in this year from $10,4 billion to $10,6 billion for the developments, absorption and confluence. After the completion of the current intel conference, the policy of company actions was reduced by 4,5%.