Intel has revealed its fourth quarter 2015 fiscal year (Q4 FY2015) results, reporting revenue of US $14.9 billion, which is a record revenue for the fourth quarter.
While the revenue was up by 1 percent, compared to $14.7 billion during the same quarter last year, Intel also reported operating income of $4.3 billion, which is down by 3 percent and net income of $3.6 billion, down by 1 percent compared tot he same period last year. The gross margin was 64.3 percent, which is down by 1.1 percent compared to the same period last year.
Intel's desktop and notebook departments reported a slow quarter but did not report a big hit due to increase in average selling price on both fronts. Intel also reported a minor raise from the Data Center Group as well as the Internet of Things Group.
Intel expects a revenue of around $14 billion in Q1 FY2016, while gross margin is expected to fall to around 58 percent.
Source:
Intel.com.