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Intel Discloses U.S. Operations Lost $350 Million Last Year
- Thread starter Bluga
- Start date
Uh, I don't think that?s right at all.
I believe Intel made a pro forma profit of 3.8 billion last year, compared to 12.1 billion in 2000. I think the stat you?re referring to is just a section of Intel's non-microprocessor-oriented solutions division (they are in other markets besides microprocessors you know 🙂).
But I?m pretty darn sure that Intel didn?t lost money in the U.S. last year. Besides, their market share in the U.S. is bigger than it is in Europe and Asia, but that can be a misleading stat too I guess...
I believe Intel made a pro forma profit of 3.8 billion last year, compared to 12.1 billion in 2000. I think the stat you?re referring to is just a section of Intel's non-microprocessor-oriented solutions division (they are in other markets besides microprocessors you know 🙂).
But I?m pretty darn sure that Intel didn?t lost money in the U.S. last year. Besides, their market share in the U.S. is bigger than it is in Europe and Asia, but that can be a misleading stat too I guess...
link?
<< Washington, March 13 (Bloomberg) -- Intel Corp. disclosed that its U.S. operations recorded a $350 million loss last year, with all the company's income before taxes coming from overseas.
The world's largest semiconductor manufacturer, Intel had reported that income before taxes last year totaled $2.18 billion. An annual report filed with the Securities and Exchange Commission today disclosed that the figure included the loss at home and non- U.S. earnings of $2.53 billion.
During last year's fourth quarter, Santa Clara, California- based Intel also derived a larger percentage of sales from the Asia-Pacific region than the U.S. for the first time, said Intel spokesman Tom Beermann. That reflects the growing importance of overseas markets for Intel and its customers who manufacture personal computers. >>
you are right on this one, but as a whole, there's loss:
<< The Intel Architecture group, which manufactures chips such as the Pentium 4 processor for desktop and notebook computers, may have remained profitable in the U.S. last year, though not by enough of a margin to offset losses at other Intel units.
Two other parts of Intel's operations -- the communications group and the wireless business -- suffered combined operating losses of $991 million last year, mainly from business in the U.S., the annual report showed.
>>
<< Washington, March 13 (Bloomberg) -- Intel Corp. disclosed that its U.S. operations recorded a $350 million loss last year, with all the company's income before taxes coming from overseas.
The world's largest semiconductor manufacturer, Intel had reported that income before taxes last year totaled $2.18 billion. An annual report filed with the Securities and Exchange Commission today disclosed that the figure included the loss at home and non- U.S. earnings of $2.53 billion.
During last year's fourth quarter, Santa Clara, California- based Intel also derived a larger percentage of sales from the Asia-Pacific region than the U.S. for the first time, said Intel spokesman Tom Beermann. That reflects the growing importance of overseas markets for Intel and its customers who manufacture personal computers. >>
you are right on this one, but as a whole, there's loss:
<< The Intel Architecture group, which manufactures chips such as the Pentium 4 processor for desktop and notebook computers, may have remained profitable in the U.S. last year, though not by enough of a margin to offset losses at other Intel units.
Two other parts of Intel's operations -- the communications group and the wireless business -- suffered combined operating losses of $991 million last year, mainly from business in the U.S., the annual report showed.
>>
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