Intel did something right this quarter, despite industry-wide cutbacks following the recession. This quarter was one of Intels' best ever, as the company saw 65% profit margins and spent more than $7 billion on new US chip plants.
Strong netbook sales were responsible for much of Intel's success. Other companies delayed investments and product lines while Intel delivered its all-new Pine Trail processors. Netbooks were such a big boon for Intel this year because they didn't seem to cannibalize processor sales or sales of more powerful computers.
Intel is expecting slightly contracted margins of around 61% in 2010.
Via WallStreetJournal.
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