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Intel yearly revenue up while sales continue to dwindle

Intel 2016 revenue up while sales continue to dwindle
Intel 2016 revenue up while sales continue to dwindle
Profits are down 10 percent YoY to 10.3 billion USD despite a revenue jump of 7 percent.

The world's largest semiconductor company recently posted its earnings for 2016 where YoY revenue has reportedly jumped about 10 percent from 14.9 billion in Q4 2015 to 16.4 billion in Q4 2016. Meanwhile, net profits have actually remained relatively stable QoQ at 3.6 billion USD as of the last quarter.

When looking at the full year of 2016, the chipmaker has made 59.4 billion USD in sales compared to 55.4 billion in 2015 to represent an increase of 7 percent. Net profits have declined about 10 percent from 11.4 billion in 2015 to just 10.3 billion. In other words, the steady sales of Intel products have not reflected well in terms of overall profit.

A closer look at the financial report shows that Intel's processors were unsurprisingly once again the biggest driver of both sales and revenue. The Client Computing Group (CCG) that includes processors for notebooks, 2-in-1s, desktop PCs, and tablets made nearly 33 billion USD in revenue compared to 32.22 billion in 2015. The Data Center Group (DCG) responsible for Enterprise and Cloud services made 17.24 billion compared to 15.98 billion in 2015. The Non-Volatile Memory Solutions Group responsible for NAND storage products and Intel Optane generated an operating loss of $544 million.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2017 01 > Intel yearly revenue up while sales continue to dwindle
Allen Ngo, 2017-01-31 (Update: 2017-01-31)
Allen Ngo
Allen Ngo - US Editor in Chief
After graduating with a B.S. in environmental hydrodynamics from the University of California, I studied reactor physics to become licensed by the U.S. NRC to operate nuclear reactors. There's a striking level of appreciation you gain for everyday consumer electronics after working with modern nuclear reactivity systems astonishingly powered by computers from the 80s. When I'm not managing day-to-day activities and US review articles on Notebookcheck, you can catch me following the eSports scene and the latest gaming news.