1995 – It's a PC World
Revenues totaled $16.2 billion, up 41 percent from 11.5 billion in 1994. Earnings per share rose 54 percent over last year, to $4.03. Our strong performance in 1995 was rooted in growing demand for PCs based on our Pentium® processors. The PC market continued its growth, with approximately 60 million PCs sold worldwide this year, up about 25 percent from 1994.
We were pleased to see the increased popularity of the Internet and other communications applications this year. In particular, we are very excited by the opportunities represented by the booming World Wide Web. We believe that this easy-to-use, graphically based Internet interface will continue to attract new users and investments in the PC communications world, helping to expand the PC’s role as a consumer communications device and driving future PC sales.
At Intel, our most important job is to make high-performance microprocessors for the computing industry. To do this, we follow four basic strategies:
• Develop products quickly. We try to bring new technology to the market as quickly as possible. In 1995, we introduced the new high-end Pentium® Pro processor. This came less than three years after the introduction of the Pentium® processor, which is now the processor of choice in the mainstream PC market. Together, these products provide computer buyers with a wide spectrum of computing choices.
• Invest in manufacturing. We believe Intel’s chip manufacturing facilities are state of the art in the industry. We spent $3.6 billion on capital in 1995, up 45 percent from 1994. These heavy investments are paying off: in 1995, we were able to bring our new 0.35-micron manufacturing process into production months earlier than originally planned. Our newest facility, the most advanced in the microprocessor industry, makes our highest speed Pentium and Pentium Pro processors. In the end, these investments benefit PC buyers directly in the form of more powerful, less expensive computing platforms.
Read the full 1995 Intel Annual Report.