Intel sees 48% rise in Q4 earnings

 Intel said it was its best fourth quarter on record, with revenue rising eight per cent from a year earlier to $11.5 billion, and earnings rising 48 per cent to $3.39 billion from $2.28 billion in 2009.

For the year, the Silicon Valley bellwether reported record revenue and earnings of $43.6 billion and $11.7 billion respectively. Chief Cxecutive Paul Otellini said 2010 “was the best year in Intel’s history” and predicted that 2011 would be “even better”.