Intel’s fiscal 2014 was its best year ever, reporting record revenue as the silicon vendor continues to push into new markets as well as continuing to grow the PC market.
For the fourth quarter of 2014, Intel reported revenue of $14.7 billion, up by six percent year-over-year. For the full 2014 fiscal year, Intel’s revenue was $55.9 billion, also up by six percent year-over-year. Net Income for the fourth quarter was reported at $3.9 Billion for a 39 percent improvement over the fourth quarter of 2013. Full year Net Income was reported at $11.7 billion, for a 22 percent year-over-year gain.
Looking forward, Intel provided first quarter fiscal 2015 guidance for the midpoint of its revenue range to be $13.7 billion.
“The fourth quarter marked a strong finish to a great year,” Brian Krzanich, Intel CEO said during his company’s earnings call.
Krzanich said that Intel began 2014 expecting roughly flat year-over-year revenue and operating income. Instead the company’s full year revenue grew by six percent, hitting an all time record of $55.9 billion.
Growth for Intel came from multiple area including a surprising gain in its PC Client Group over the course of 2014.
“In the PC Client Group, our goal was to stabilize the PC business,” Krzanich said. “We expected revenue to be down by a low single digit percentage and for operating profit to be roughly flat year-over-year.”
Krzanich added that what actually happened in Intel’s PC business was that the 2014 year closed with a four percent increase in revenue and a 25 percent increase in operating profit. Growth in the PC market has come by way of innovation across multiple segments of both the consumer and enterprise market.
“You’ve got PCs from Chromebook starting at $199, Windows Systems at $249 all the way up from there to the real innovative systems like Sprout,” Krzanich said. “I look at it and say that the innovation and the options of the PC market have never been better and so I am feeling pretty good about where we are in the PC market.”
Intel’s push into the tablet and phablet market is also working out in Intel’s favor. Krzanich said that the market reception so far for Intel tablets has been very strong.
“There is a strong brand value just in Intel tied to a tablet, no matter who is the manufacturer,” Krzanich said.
The phablet market is another area that Krzanich addressed during his company’s earning call and how phablet’s compete against PCs.
“We think that that the phablet is probably taking a little bit more out of the tablet market than the PC,” Krzanich said. “I think people still are going to use the PC for their high-end usages when they have to have a keyboard, when they have to have the higher-end compute.”
Sean Michael Kerner is a senior editor at eWEEK and InternetNews.com. Follow him on Twitter @TechJournalist
Ethics and Artificial Intelligence: Driving Greater Equality
FEATURE | By James Maguire,
December 16, 2020
AI vs. Machine Learning vs. Deep Learning
FEATURE | By Cynthia Harvey,
December 11, 2020
Huawei’s AI Update: Things Are Moving Faster Than We Think
FEATURE | By Rob Enderle,
December 04, 2020
Keeping Machine Learning Algorithms Honest in the ‘Ethics-First’ Era
ARTIFICIAL INTELLIGENCE | By Guest Author,
November 18, 2020
Key Trends in Chatbots and RPA
FEATURE | By Guest Author,
November 10, 2020
FEATURE | By Samuel Greengard,
November 05, 2020
ARTIFICIAL INTELLIGENCE | By Guest Author,
November 02, 2020
How Intel’s Work With Autonomous Cars Could Redefine General Purpose AI
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
October 29, 2020
Dell Technologies World: Weaving Together Human And Machine Interaction For AI And Robotics
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
October 23, 2020
The Super Moderator, or How IBM Project Debater Could Save Social Media
FEATURE | By Rob Enderle,
October 16, 2020
FEATURE | By Cynthia Harvey,
October 07, 2020
ARTIFICIAL INTELLIGENCE | By Guest Author,
October 05, 2020
CIOs Discuss the Promise of AI and Data Science
FEATURE | By Guest Author,
September 25, 2020
Microsoft Is Building An AI Product That Could Predict The Future
FEATURE | By Rob Enderle,
September 25, 2020
Top 10 Machine Learning Companies 2021
FEATURE | By Cynthia Harvey,
September 22, 2020
NVIDIA and ARM: Massively Changing The AI Landscape
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
September 18, 2020
Continuous Intelligence: Expert Discussion [Video and Podcast]
ARTIFICIAL INTELLIGENCE | By James Maguire,
September 14, 2020
Artificial Intelligence: Governance and Ethics [Video]
ARTIFICIAL INTELLIGENCE | By James Maguire,
September 13, 2020
IBM Watson At The US Open: Showcasing The Power Of A Mature Enterprise-Class AI
FEATURE | By Rob Enderle,
September 11, 2020
Artificial Intelligence: Perception vs. Reality
FEATURE | By James Maguire,
September 09, 2020
Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation's focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.
Advertise with TechnologyAdvice on Datamation and our other data and technology-focused platforms.
Advertise with Us
Property of TechnologyAdvice.
© 2025 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this
site are from companies from which TechnologyAdvice receives
compensation. This compensation may impact how and where products
appear on this site including, for example, the order in which
they appear. TechnologyAdvice does not include all companies
or all types of products available in the marketplace.