Beginning with the publication of Intel Corporation's INTC first-quarter earnings
report on Tuesday, April 15, the company will revise the presentation of its
operating segments to reflect changes in our organizational model, which are
aligned with our critical objectives. The company is providing our financial
reporting structure now, as shown below, in order to give visibility into the
new model. Actual results will be reported with the first-quarter earnings
report.
These changes will be comprised of the following:
* PC Client Group (PCCG): PCCG will now include the results of our gateway
and set-top box business, previously reported as the Service Provider
Group within the other Intel architecture (Other IA) operating segments.
* Data Center Group (DCG): DCG will now include the communications
infrastructure portion of the Intelligent Systems Group, which had been
previously reported in the Other IA operating segments.
* Internet of Things Group (IOTG): The newly formed IOTG includes the
embedded portion of the Intelligent Systems Group. Wind River Software
Group (Wind River) will also transfer from the software and services
operating segments to be part of the newly formed IOTG.
* Mobile and Communications Group (MCG): MCG includes the Phone Group, the
Tablet Group and Multi-Comm, all previously part of the Other IA operating
segments.
* Software and services operating segments: The software and services
operating segments will reflect the removal of Wind River. McAfee, Inc.
(McAfee) and the Software and Solutions Group will continue to be part of
the aggregated software and services operating segments.
* All Other: All other will now include the remaining components of the
Other IA operating segments, specifically: New Devices Group and Netbook
Group. All other will continue to include Non-Volatile Memory (NVM) and
Corporate.
Three Months Ended Twelve Months
Ended
Mar Dec Sep Jun Mar Dec Dec
29, 28, 28, 29, 30, 28, 29,
2014 2013 2013 2013 2013 2013 2012
Net Revenue
PC Client Group
Data Center Group
Internet of Things
Group
Mobile and
Communications Group
Software and services
operating segments
All other
TOTAL NET REVENUE
Operating income
(loss)
PC Client Group
Data Center Group
Internet of Things
Group
Mobile and
Communications Group
Software and services
operating segments
All other
TOTAL OPERATING INCOME
* PC Client Group: Delivering platforms designed for the notebook (including
Ultrabook devices and 2 in 1 systems) and the desktop (including
all-in-ones and high-end enthusiast PCs); wireless and wired connectivity
products; as well as gateway and set-top box components.
* Data Center Group: Delivering platforms designed for the server,
workstation, networking and storage computing market segments.
* Internet of Things Group: Delivering platforms designed for embedded
applications for medical, automotive, industrial, retail, and other market
segments; as well as software-optimized products for the embedded and
mobile market segments.
* Mobile and Communications Group: Delivering platforms designed for the
tablet and smartphone market segments; as well as mobile communications
components such as baseband processors, radio frequency transceivers,
Wi-Fi, Bluetooth*, global navigation satellite systems and power
management chips.
* Software and services operating segments consists of the following:
* McAfee: A wholly owned subsidiary delivering software products for
endpoint security, network and content security, risk and compliance,
and consumer and mobile security.
* Software and Services Group: Delivering software products and
services that promote Intel architecture as the platform of choice
for software development.
* All other consists of the following:
* Non-Volatile Memory Solutions Group: Delivering NAND flash memory
products for use in a variety of devices.
* Netbook Group: Delivering platforms designed for the netbook market
segment.
* New Devices Group: Delivering reference devices and technology
platforms ready to be used by customers as well as System-on-Chip
architecture specifically designed for wearable and other emerging
compute opportunities.
* Corporate: Revenue, expenses and charges such as:
* Amounts included within restructuring and asset impairment
charges;
* A portion of profit-dependent compensation and other expenses
not allocated to the operating segments;
* Divested businesses for which discrete operating results are not
regularly reviewed by our chief executive officer;
* Results of operations of startup businesses that support the
company's initiatives, including our foundry business;
* Acquisition-related costs, including amortization and any
impairment of acquisition-related intangibles and goodwill.
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