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Intel mobile components shipments increased by a quarter
At the quarterly reporting event, the head of Intel has already announced that the company in the reporting period shipped a record number of mobile processors, and could have shipped even more if it did not run into production capabilities. Detailed report on Form 10-Q clarified that the number of mobile components shipped in the third quarter increased by 25% over the year.
Image source: Intel
In terms of revenue, this increase was reflected by an increase of $ 1.36 billion, but the average selling price of mobile components decreased by 7% compared to the same period last year, depriving the company of $ 478 million of potential revenue. Demand has shifted towards more affordable laptop processors as entry-level mobiles are popular during the pandemic.
Image source: Intel
In the desktop segment, Intel is not as bad as it might seem. Yes, the number of desktop components shipped in the last quarter was 18% less than the same period last year, but the average selling price remained the same. This means that the share of more expensive models in the range of Intel desktop components has grown. In itself, the reduction in sales of desktop components reduced Intel’s revenue by $ 485 million. The category of related products reduced revenue by another $ 259 million, as a result, the positive impact on revenue from the growth in demand for laptops made it possible to outweigh the negative effects with an increase of $ 138 million.
If we consider the nine months of this year and last, then a 12% decrease in the supply of desktop components led to a decrease in revenue by $ 1.09 billion, but the average selling price increased by 2%, raising revenue by $ 160 million. This only supports the thesis about an increase in the share of more expensive desktop components in the structure of Intel product shipments compared to last year.
Image source: Intel
In total, since the beginning of the year, the number of Intel mobile components supplied has increased by 19%, in terms of revenue, the increase amounted to $ 2.882 billion. The average price decreased by 2%, the impact of this factor on revenue is estimated at $ 352 million. In the mobile segment in the third quarter, revenue grew by $ 882 million, in the first nine months of the year – by $ 2.52 billion. CEO Robert Swan admitted at a conference yesterday that further growth in laptop processor shipments is still limited by the company’s manufacturing capabilities.