Oct 13, 2010 07:11 GMT  ·  By

With another quarter over, IT players are posting their financial results, and it seems that Intel somehow managed to break its revenue record again, apparently exceeding, for the first time, the $11 billion barrier.

While some markets proved more or less promising, others failed to meet companies' expectations, creating a general situation that can be described as uncertain.

Even with whatever economical troubles still exist in some regions, however, Intel seems to have practically surged as far as its own finances are concerned.

In fact, the company actually managed to break its own record, since its revenues went up to over $11 billion for the first time.

Sequentially, this implies a more or less minor growth, but the on-year jump is of 18 %, while profits also grew compared to the second quarter, to about $3 billion. What's more, the operating income was of $4.1 billion.

"Intel's third-quarter results set all-time records for revenue and operating income," said Paul Otellini, Intel president and CEO.

"These results were driven by solid demand from corporate customers, sales of our leadership products and continued growth in emerging markets,” he added.

The main factor behind the promising figures was the strong mobile and server CPU demand, strong enough to offset the weaker Atom sales.

Even the average selling price of CPUs remained, on the whole, more or less similar to the one during the second quarter.

As for the fourth quarter, the Santa Clara, California-based IT giant expects revenue of $11.4 billion, give or take $400 million.

“Looking forward, we continue to see healthy worldwide demand for computing products of all types and are particularly excited about our next-generation processor, codenamed Sandy Bridge, and the many new designs around our Intel Atom processors in everything from the new Google TV products to a wide array of tablets based on Windows, Android and MeeGo operating systems." Otellini concluded.