Weweqe

34.2

33.7

36

1.6

1.51

51%

Americas

100

23%

43%

30.1

29.4
26.5 26.8

26.3

27

25.1

1.16

1.2

75

45%

1.05
0.97

20.8

0.86
18

16.2

0.85

23%
0.8
20%

0.73

0.50

50
14%

Europe

0.46

AsiaPacific

27%

27%

23%
25

0.4

9
0.19

8%

96

97

98

99

00

01

02

03

04

0

95

96

97

98

99

00

01

02

Net Revenue

04

0

Diluted Earnings per Share†

Dollars in billions

03

Dollars, adjusted for stock splits

9%

7%

94

Japan
95

99

0

04

Geographic Breakdown of Revenue
Percent

†

Amortization of goodwill reduced earnings per share in 2001 by $0.22 ($0.18 in 2000 and $0.05 in 1999).
Goodwill is no longer amortized, beginning in 2002.

Financial Results

We ended 2004 with double-digit revenue gains, and robust demand for Intel architecture products across all geographies.
®

Our new products, global presence and investments in manufacturing capacity allowed us to post record revenue for 2004 of $34.2 billion, up 13.5% from 2003. Net income for 2004 was $7.5 billion, up 33% from 2003. During the year, we paid record cash dividends of $1 billion, announced two doublings of our cash dividend and used $7.5 billion to repurchase 301 million shares of common stock. We are optimistic going into 2005 and expect continued growth based on the momentum of our current products and the introduction of dual-core microprocessors across a range of platforms.‡
8.0

40

38.4

4.8

Machinery and equipment 7.3
Land, buildings and
6.7
improvements

35.6
33.3

4.4
3.9

30.2

4.0

4.0

3.8

6.0

30

28.4

5.0

26.2
3.1
4.7

4.5
19.7 20

4.0
3.6

15.4

3.0
3.7 3.8

2.5

4.0

2.3

3.4
3.0

2.0

1.8
1.3
2.0

10

8.7

1.0
3.5

95

96

97

98

99

00

01

02

03

04

0

95

96

97

98

99

00

01

02