2007 – Performance Inside
In 2007, we continued to focus on extending our product leadership, leveraging our world-class process technology and manufacturing capabilities, and creating a more efficient, customer-oriented Intel. Our fiscal year results reflect the significant progress we have made in all of these areas. Revenue in 2007 was $38.3 billion, up 8 percent over 2006. Our operating income was $8.2 billion, up 45 percent over 2006. Net income for 2007 was $7 billion, up 38 percent over 2006. Our cash dividend payout reached a record $2.6 billion, and we announced a 13 percent increase in our cash dividend beginning in the first quarter of 2008.
Renewed focus on core strengths.
We have renewed our focus on leveraging two core strengths that distinguish Intel from the rest of our industry: the Intel® architecture and our unmatched ability to bring cutting-edge technologies to market year after year. As part of renewing our focus, we have divested several smaller operations—including those related to application processing, optical, and certain telecom products—and are contributing the assets of our NOR flash memory business to a newly formed independent company, Numonyx. At the same time, we are investing in new areas where we believe the application of highly integrated Intel architecture affords large growth opportunities, such as:
• Energy-efficient, low-cost mobile Internet devices and ultra-mobile PCs that enable people to communicate, enjoy digital media, and access the Internet wirelessly.
• New types of consumer electronics devices that combine entertainment functions with Internet connectivity.
• Scalable, high performance visual computing solutions that integrate vivid graphics and supercomputing performance for scientific, financial services, and other compute-intensive applications.
• Low-cost PCs designed to meet the needs of first-time computer users, particularly in emerging markets.
Read the full 2007 Intel Annual Report.