Intel sees revenue uplift from PCs, servers and internet of things

Intel has seen revenues increase 8% year-on-year to $14.6 billion, thanks to shipments of PCs, servers and internet of things

Intel has seen its revenues increase 8% year-on-year to $14.6 billion, thanks to shipments of PCs, servers and internet of things (IoT).

The chip manufacturer claims it shipped more than 100 million microprocessors in its last quarter (Q3) for the first time, thanks to enterprise PC upgrades, as well as IoT – Intel also saw its profits increase 19% to $3.3bn.

Net revenue from its PC client group increased from $8.4bn in September 2014 to $9.2bn in the last quarter. 

Meanwhile IoT saw an increase from $464m to $530m year-on-year and its datacentre group saw an increase from $3.2bn to $3.7bn. However, mobile and communications revenues decreased from $353m to $1m.

"We are pleased by the progress the company is making," said Intel CEO Brian Krzanich. "We achieved our best ever revenue and strong profits in the third quarter.  There is more to do, but our results give us confidence that we're successfully executing to our strategy of extending our products across a broad range of exciting new markets."

For the next quarter (Q414), Intel predicts its revenues to hit $14.7bnplus or minus $500m.

Earlier this year, Intel opened an IoT lab in its Swindon office to host British companies developing innovative, connected IT projects in areas such as retail, transport and smart buildings.

The Internet of Things (IoT) means objects, animals or people are connected to the Internet and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction. It enables machine-to-machine interaction.

One of the innovations in its IoT Ignition Lab is a connected "smart" coffee machine, housed in the canteen. Powered by Intel's core i7 processors, the coffee machine provides real-time analysis of what's the hottest-selling beverage and offers users customised choices. 

Another IoT device showcased at lab is a television with sensors that displays targeted ads using gender-recognition technology.

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