Intel Reports Record Revenues from PCs

Posted on July 22, 2021 by Paul Thurrott in Hardware, Mobile, Windows, Windows 10 with 3 Comments

Intel today reported that it earned a net income of $5.1 billion on revenues of $19.6 billion for the quarter ending June 30. Those numbers are flat with the year-ago quarter, but the firm also reported that its PC business had record revenues, with unit sales up 33 percent YOY.

“There’s never been a more exciting time to be in the semiconductor industry,” Intel CEO Pat Gelsinger said. “The digitization of everything continues to accelerate, creating a vast growth opportunity for us and our customers across core and emerging business areas. With our scale and renewed focus on both innovation and execution, we are uniquely positioned to capitalize on this opportunity, which I believe is merely the beginning of what will be a decade of sustained growth across the industry.”

Intel’s Client Computing Group (CCG)—which includes its PC business—reported $10.1 billion in revenues in the quarter, over half of Intel’s total revenues. Intel said that PC platform volumes were up 33 percent YOY and achieved a financial record, helped largely by the success of its 11th-generation Core processor family.

Intel’s Data Center Group (DCG) delivered another $6.5 billion in revenues, down 9 percent YOY. And its Internet of Things business, which includes MobileEye, came in just under $1 billion in revenues.

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Comments (3)

3 responses to “Intel Reports Record Revenues from PCs”

  1. bluvg

    They're definitely not hurting overall, but the continuing drop in the server market (despite cloud growth) is alarming.

  2. curtisspendlove

    Yup. Doomed. Just like Apple.