A set of charts illustrating Intel's earnings for the second quarter of 2014

1. Jan Dawson
Chief Analyst
(408) 744-6244
jan@jackdawresearch.com
@jandawson
Charts from Intel Q2
2014 earnings

2. Profit margins
Source: Intel financial reporting, Jackdaw Research analysis
Intel margins
0%
25%
50%
75%
Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014
Gross Operating Net

3. Revenue growth
Source: Intel financial reporting, Jackdaw Research analysis
Year-on-year overall revenue growth, total, Intel
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014

4. Revenue by segment
Source: Intel financial reporting, Jackdaw Research analysis
Intel revenue by segment, $m
0
5,000
10,000
15,000
Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014
PC Client Data Center Internet of Things Mobile and Comms
Software and Services All other

5. Revenue by segment
Source: Intel financial reporting, Jackdaw Research analysis
Intel revenue by segment
0%
25%
50%
75%
100%
Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014
PC Client Data Center Internet of Things
Mobile and Comms Software and Services All other

6. Profit by segment
Source: Intel financial reporting, Jackdaw Research analysis
Intel operating profit by segment, $m
-3,000
-1,500
0
1,500
3,000
4,500
6,000
Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014
PC Client Data Center Internet of Things
Mobile and Comms Software and Services All other

7. Internet of Things
Intel Internet of Things segment results, $m
0
150
300
450
600
Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014
Revenue Operating income
Source: Intel financial reporting, Jackdaw Research analysis

8. Mobile & Comms
Source: Intel financial reporting, Jackdaw Research analysis
Intel Mobile and Communications segment results, $m
-1250
-1000
-750
-500
-250
0
250
500
Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014
-1124
-929
-874
-810
-761
-703
51
156
326353
292
404
Revenue Operating income

9. Unit growth in PCs
Source: Intel financial reporting, Jackdaw Research analysis
Intel reported year on year unit growth in PCs
-10%
-5%
0%
5%
10%
Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014
Notebook unit volume growth Desktop unit volume growth

10. ASP change in PCs
Source: Intel financial reporting, Jackdaw Research analysis
Year on year change in average selling prices for PCs, Intel
-8%
-6%
-4%
-2%
0%
2%
4%
6%
Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014
Notebook ASP change Desktop ASP change

11. Jan Dawson
Chief Analyst
(408) 744-6244
jan@jackdawresearch.com
@jandawson
Thank you