Intel 2005 Annual Report Download - page 88

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Table of Contents
INTEL CORPORATION
FINANCIAL INFORMATION BY QUARTER (UNAUDITED)
83
(In Millions
—
Except Per Share Amounts)
2005 For Quarter Ended
December 31
October 1
July 2
April 2
Net revenue
$
10,201
$
9,960
$
9,231
$
9,434
Gross margin
$
6,300
$
5,948
$
5,203
$
5,598
Net income
1
$
2,453
$
1,995
$
2,038
$
2,178
Basic earnings per share
1
$
0.41
$
0.33
$
0.33
$
0.35
Diluted earnings per share
1
$
0.40
$
0.32
$
0.33
$
0.35
Dividends per share
Declared
$
—
$
0.16
$
—
$
0.16
Paid
$
0.08
$
0.08
$
0.08
$
0.08
Market price range common stock
2
High
$
27.43
$
28.71
$
27.70
$
25.11
Low
$
22.65
$
23.83
$
22.12
$
21.99
(In Millions
—
Except Per Share Amounts)
2004 For Quarter Ended
December 25
September 25
June 26
March 27
Net revenue
$
9,598
$
8,471
$
8,049
$
8,091
Gross margin
$
5,377
$
4,719
$
4,780
$
4,870
Net income
3
$
2,123
$
1,906
$
1,757
$
1,730
Basic earnings per share
3
$
0.34
$
0.30
$
0.27
$
0.27
Diluted earnings per share
3
$
0.33
$
0.30
$
0.27
$
0.26
Dividends per share
Declared
$
—
$
0.08
$
—
$
0.08
Paid
$
0.04
$
0.04
$
0.04
$
0.04
Market price range common stock
2
High
$
24.80
$
27.60
$
28.99
$
34.24
Low
$
19.68
$
19.72
$
25.73
$
26.16
1
Net income for the quarter ended October 1, 2005 included an additional tax expense of approximately $250 million related to the decision to
repatriate non-U.S. earnings, decreasing both basic and diluted earnings per share by $0.04 per share. Net income for the quarter ended July 2,
2005 included $125 million of reversals of previously accrued tax items, primarily related to an increase in estimated research and development
tax credits from prior years, increasing both basic and diluted earnings per share by $0.02.
2
Intel
’
s common stock (symbol INTC) trades on The NASDAQ Stock Market* and is quoted in the
Wall Street Journal
and other newspapers.
Intel
’s common stock also trades on The Swiss Exchange. At December 31, 2005, there were approximately 220,000 registered holders of
common stock. All stock prices are closing prices per The NASDAQ Stock Market.
3
Net income for the quarter ended September 25, 2004 included $195 million in tax benefits related to export sales and state tax benefits for
divestitures that exceeded the amounts originally estimated in connection with the 2003 provision, increasing both basic and diluted earnings per
share by $0.03. Net income for the quarter ended June 26, 2004 included $62 million in tax benefits related to the reversal of previously accrued
taxes related primarily to the closing of a state income tax audit, increasing both basic and diluted earnings per share by $0.01.