• Revenue $43.6 billion, up $8.5 billion, 24 percent year-over-year
• Gross margin of 66 percent, up 10 percentage points year-over-year
• Operating income $15.9 billion, up $10.2 billion, 179 percent year-over-year
• Net income $11.7 billion, up $7.3 billion, 167 percent year-over-year
• EPS $2.05, up $1.28, 166 percent year-over-year

• On a non-GAAP basis, operating income $15.9 billion, up $7.5 Billion, 89 percent year-over-year
• On a non-GAAP basis, net income $11.7 billion, up $5.0 billion, 76 percent year-over-year
• On a non-GAAP basis, EPS $2.05, up 88 cents, 75 percent year-over-year

• Revenue $11.5 billion, up $355 million, 3 percent sequentially
• Record gross margin of 67.5 percent, up 1.5 percentage points sequentially
• Operating income $4.3 billion, up $211 million, 5 percent sequentially
• Net income $3.4 billion, up $433 million, 15 percent sequentially
• EPS 59 cents, up 7 cents, 13 percent sequentially

SANTA CLARA, Calif., Jan. 13, 2011 – Intel Corporation today reported full-year revenue of $43.6 billion, operating income of $15.9 billion, net income of $11.7 billion, and EPS of $2.05 – all records. The company generated approximately $16.7 billion in cash from operations, paid cash dividends of $3.5 billion, and used $1.5 billion to repurchase 70 million shares of common stock.

For the fourth-quarter, Intel posted revenue of $11.5 billion. The company reported fourth-quarter operating income of $4.3 billion, net income of $3.4 billion, and EPS of 59 cents. Fourth-quarter revenue, operating income, net income, and EPS were also all records.

“2010 was the best year in Intel’s history. We believe that 2011 will be even better,” said Paul Otellini, Intel president and CEO.

Intel’s Business Outlook does not include the potential impact of any mergers, acquisitions, divestitures or other business combinations that may be completed after Jan. 13.

For additional information regarding Intel’s results and Outlook, please see the CFO commentary at: www.intc.com/results.cfm.

During the quarter, Intel’s corporate representatives may reiterate the Business Outlook during private meetings with investors, investment analysts, the media and others. From the close of business on March 4 until publication of the company’s first-quarter earnings release, Intel will observe a “Quiet Period” during which the Business Outlook disclosed in the company’s news releases and filings with the SEC should be considered as historical, speaking as of prior to the Quiet Period only and not subject to an update by the company.

The above statements and any others in this document that refer to plans and expectations for the first quarter, the year and the future are forward-looking statements that involve a number of risks and uncertainties. Many factors could affect Intel’s actual results, and variances from Intel’s current expectations regarding such factors could cause actual results to differ materially from those expressed in these forward-looking statements. Intel presently considers the following to be the important factors that could cause actual results to differ materially from the company’s expectations.

A detailed discussion of these and other factors that could affect Intel’s results is included in Intel’s SEC filings, including the report on Form 10-Q for the fiscal quarter ended Sept. 25, 2010.

Intel will hold a public webcast at 2:30 p.m. PST today on its Investor Relations web site at www.intc.com. A webcast replay and MP3 download will also be made available on the site.

Intel plans to report its earnings for the first quarter of 2011 on Tuesday, April 19, 2011.  Immediately following the earnings report, the company plans to publish a commentary by Stacy J. Smith, vice president and chief financial officer at www.intc.com/results.cfm. A public webcast of Intel’s earnings conference call will follow at 2:30 p.m. PST at www.intc.com.