* Data-centric businesses include DCG, IOTG, NSG, PSG, and All Other.
^ No adjustment on a non-GAAP basis.
Business Unit Summary
|
Key Business Unit Revenue and Trends |
|||||||
|
Q4 2017 |
vs. Q4 2016 |
2017 |
vs. 2016 |
||||
|
PC-centric |
CCG |
$9.0 billion |
down |
2% |
$34.0 billion |
up |
3% |
|
Data-centric |
DCG |
$5.6 billion |
up |
20% |
$19.1 billion |
up |
11% |
|
IOTG |
$879 million |
up |
21% |
$3.2 billion |
up |
20% |
|
|
NSG |
$889 million |
up |
9% |
$3.5 billion |
up |
37% |
|
|
PSG |
$568 million |
up |
35% |
$1.9 billion |
up |
14% |
|
|
up |
21%* |
up |
16%* |
||||
In the fourth quarter, Intel saw strong performance from data-centric businesses, which accounted for 47% of Intel's fourth-quarter revenue, an all-time high. The Data Center Group (DCG), Internet of Things Group (IOTG) and Programmable Solutions Group (PSG) all achieved record quarterly revenue. Intel's Client Computing Group (CCG) shipped a record volume of Intel® Core™ i7 processors, launched the new 8th Gen Intel® Core™ processor with Radeon™ RX Vega M Graphics, and announced an expanding line-up of LTE and 5G multi-mode modems. The Non-Volatile Memory Solutions Group (NSG) launched the new Intel® Optane™ SSD DC P4800X Series for the data center.
The company is also advancing efforts to compete and win in artificial intelligence with the Intel® Nervana™ Neural Network Processor, customer momentum for its Intel® Movidius™ vision processing unit (VPU), and continued customer adoption of Intel® Xeon® Scalable processors. In autonomous driving, Mobileye had a strong finish to 2017 with a total of 30 ADAS customer designs wins as well as design wins for advanced L2+ and L3 autonomous systems with 11 automakers.
Additional information regarding Intel’s results can be found in the Q4'17 Earnings Presentation available at: www.intc.com/results.cfm.
* Data-centric growth excludes McAfee.
Business Outlook
Intel's guidance for the first-quarter and full-year 2018 include both GAAP and non-GAAP estimates. Reconciliations between these GAAP and non-GAAP financial measures are included below.
|
Q1 2018 |
GAAP |
Non-GAAP |
Range |
||
|
Revenue |
$15.0 billion |
$15.0 billion^ |
+/- $500 million |
||
|
Operating margin |
25% |
27% |
approximately |
||
|
Tax rate |
14% |
14%^ |
approximately |
||
|
Earnings per share |
$0.65 |
$0.70 |
+/- 5 cents |
|
Full-Year 2018 |
GAAP |
Non-GAAP |
Range |
||
|
Revenue |
$65.0 billion |
$65.0 billion^ |
+/- $1.0 billion |
||
|
Operating margin |
28% |
30% |
approximately |
||
|
Tax rate |
14% |
14%^ |
approximately |
||
|
Earnings per share |
$3.30 |
$3.55 |
+/- 5% |
||
|
Full-year capital spending |
$14.0 billion |
$14.0 billion^ |
+/- $500 million |
||
|
Net capital deployed1 |
$12.0 billion |
$12.0 billion^ |
+/- $500 million |
||
|
Free cash flow |
N/A |
$13.0 billion |
+/- $500 million |
