Intel Triumps

The Santa Clara, Calif.-based company reported a profit of $2.3 billion, or 40 cents per share, during the final quarter of 2009. The income was nearly 10 times higher than the $234 million, or 4 cents per share, that Intel reported for the fourth quarter of 2008.


"Our ability to weather this business cycle demonstrates that microprocessors are indispensable in our modern world," said Intel president and chief executive Paul Otellini, in a statement.

Isn't the results above shocking and stunning at the same time? I'm delirious with joy because Intel is one of the first major IT firms to make such a huge comeback into the industry. In fact, I have always been having sanguine expectations of all these gargantuan firms.


I prognosticate that IT firms will never really fall apart even after a downpour of nonplus financial issues on the industry.


As you all might know, Intel is renowned and labelled as the best when it comes to the making of processors and chips. The company is literally indispensable in the industry and has even been accused of setting up a monopoly market. It is that HUGE right now.

Much research has been done to fix more chips onto a processor so be sure to watch out for them!


During a conference call, Intel chief financial officer Stacy Smith attributed the "modest recovery" to a healthy holiday season and the release of Windows 7.

"Intel is feeling confident about corporate IT (information technology) spending coming back, and they have the best high-end server solutions," he said. "As corporations upgrade their data centers this year, Intel will benefit. Their timing has been perfect."


Intel is really riding on the waves of the industry in this case. Many companies are using this opportunity to retrofit their systems in order to fight back after a long-term hiatus due to the financial crisis.


Everyone has been reserving their energy while waiting for the economic recovery to come. Once it has arrived, every single company will be effusive and fight like they have never fought before.

Come to think of it, this year will be an extremely intense year for all the firms as everyone will be engaged in nefarious gladiator fights and it is going to be fraught with more litigations and bankruptcy for sure.


All the best to all the investors here. Never let your guts down or you will be stabbed in the back so hard that you do not know you are already out of the game :)

Credits -cnn, -telegraph, -larrydownes, -tinypic, -typepad