Intel reports drop in net income for 2015
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Revenue for the world's largest chipmaker as of 2015 has fallen to $55.4 billion USD from $55.9 billion USD in 2014. Operating profits have fallen by 9 percent from 15.3 billion USD to 14.0 billion USD during the same time frame. Net income also faced a downward slope from $11.7 billion USD to $11.4 billion USD.
Intel's Client Computing Group (CCG) reported a YoY drop of 8 percent to $32.2 billion USD, though the chipmaker was able to partially compensate for the shrinking PC business with generally higher prices. Desktop shipments, for example, fell by as much as 16 percent while the average price of Intel chips was 6 percent higher than the year before.
On the mobile side, notebook shipments fell by 9 percent while the average selling price was up 2 percent compared to the year before. Tablet shipments were also down 16 percent during the same 2014-2015 time frame.
Not all Intel sectors saw declines, however, as the Data Center Group responsible for servers and networking reported an increase in both shipments and prices by 8 percent and 3 percent, respectively, for a revenue of $16 billion USD. Intel's newer Internet of Things Group also showed a rise in sales by 7 percent to $2.3 billion USD.
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