2Q13 Revenue/Profit for Intel and TSMC

choi

(1) Intel Reports Second-Quarter Revenue of $12.8 Billion, Net Income of $2.0 Billion. Intel, July 17, 2013
http://newsroom.intel.com/commun ... ncome-of-20-billion
(" Intel Corporation today reported second-quarter revenue of $12.8 billion, operating income of $2.7 billion, net income of $2.0 billion and EPS of $0.39. The company generated approximately $4.7 billion in cash from operations, paid dividends of $1.1 billion, and used $550 million to repurchase 23 million shares of stock")

Note:
(a) earnings before interest and taxes
en.wikipedia.org/wiki/Earnings_before_interest_and_taxes
has a tavle that itemizes:

(i) Operating income = Revenue – Operating expenses
(ii) Operating income + Non-pperating income = Earnings Before Interest and Taxes (EBIT)
(iii) EBIT - Interest - Taxes = Net Income [also known as 'bottom line']"

(b) EPS stands for earnings per share
https://en.wikipedia.org/wiki/Earnings_per_share

choi

(2) TSMC Reports Second Quarter EPS of NT$2.00. TSMC, July 18, 2013.
Press Releases from TSMC
http://www.tsmc.com/tsmcdotcom/PRListingNewsAction.do?language=E

first 5 paragraphs:

"TSMC today announced consolidated revenue of NT$155.89 billion, net income of NT$51.81 billion, and diluted earnings per share of NT$2.00 (US$0.33 per ADR [American Depositary Receipt] unit) for the second quarter ended June 30, 2013.

"Year-over-year, second quarter revenue increased 21.6% while net income and diluted EPS both increased 23.8%. Compared to first quarter of 2013, second quarter of 2013 results represent a 17.4% increase in revenue, and a 30.9% increase in both net income and diluted EPS. All figures were prepared in accordance with TIFRS on a consolidated basis. Second quarter results contained several non-operating gains that do not recur every quarter and contributed about NT$0.04 EPS.

"In US dollars, second quarter revenue increased 15.9% from the previous quarter and increased 20.7% year-over-year.

"Gross margin for the quarter was 49.0%, operating margin was 37.0%, and net profit margin was 33.2%.

"Shipments of 28-nanometer process technology reached 29% of total wafer revenues. 40/45-nanometer accounted for 21% of total wafer revenues. Advanced technologies, defined as 40/45-nanometers and below, accounted for 50% of total wafer revenues.

Note: In a nutshell, for 2Q13 TSMC had revenue ($5.2 billion) and net income (NT$51.81 or $1.7 billion).  (exchange rate $1 = NT$29.92)  The latter is close to Intel's $2.0 billion, though the former is about 40% of Intel's.