The California-headquartered company had a net income of USD 2.95 billion in the same period a year ago. Intel has good presence in India.
However, Intel's revenues in the June quarter jumped 3.6 per cent to USD 13.5 billion. The same stood at USD 13.03 billion in the year-ago period.
Announcing the results yesterday, the company said it anticipates slower growth in the third quarter of 2012, with USD 14.3 billion in revenues -- which would be higher or lower by USD 500 million.
Intel has attributed the expected slow growth to challenging macroeconomic environment, that impacts sales of personal computers. Another factor would be that customers are anticipated to maintain lower levels of inventory ahead of the release of news Windows operating system.
"As we enter the third quarter, our growth will be slower than we anticipated due to a more challenging macroeconomic environment," Intel President and CEO Paul Otellini said.
On the other hand, Intel's latest quarterly net income is about four per cent higher compared to 2012 first quarter.
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"The second quarter was highlighted by solid execution with continued strength in the data center and multiple product introductions in Ultrabooks and smartphones," Otellini said.
The company generated about USD 4.7 billion in cash from operations, out of which USD 1.1 billion were utilised for repurchase stocks.
From the first quarter of 2012, Intel added 2,000 employees taking the total workforce to 1,03,000.
"With a rich mix of Ultrabook and Intel-based tablet and phone introductions in the second half, combined with the long-term investments we're making in our product and manufacturing areas, we are well positioned for this year and beyond," Otellini said.