INTEL CORP — Regulatory Filings 2011

Jan 13, 2011

8-K 1 a6572505.htm INTEL CORPORATION 8-K Copyright 2011 Business Wire, a Berkshire Hathaway company. All rights reserved www.businesswire.com

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report: January 13, 2011 (Date of earliest event reported) INTEL CORPORATION (Exact name of registrant as specified in its charter)

Delaware	000-06217	94-1672743
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

2200 Mission College Blvd., Santa Clara, California	95054-1549
(Address of principal executive offices)	(Zip Code)

(408) 765-8080
(Registrant's telephone number, including area code)
(Former Name or Former Address,
if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):

| ⃞ | Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425) |
| --- | --- |
| ⃞ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12) |
| ⃞ | Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b)) |
| ⃞ | Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4c)) |

| Item 2.02 |
| --- |
| Attached hereto as Exhibit 99.1 and incorporated by reference
herein is financial information for Intel Corporation for the
quarter ended December 25, 2010 and forward-looking statements
relating to 2011 and the first quarter of 2011 as presented in a
press release of January 13, 2011. The information in this report
shall not be treated as filed for purposes of the Securities
Exchange Act of 1934, as amended. |
| In addition to disclosing financial results calculated in
accordance with United States (U.S.) generally accepted accounting
principles (GAAP), this earnings release contains non-GAAP
financial measures that exclude the charge incurred in the fourth
quarter of 2009 as a result of the settlement agreement with
Advanced Micro Devices, Inc. (AMD) in the amount of $1.25 billion,
and a charge incurred in the second quarter of 2009 as a result of
the European Commission (EC) fine in the amount of €1.06 billion,
or about $1.45 billion. These non-GAAP measures also exclude the
associated impacts of the AMD settlement on our tax provision. |
| Management uses operating income, net income, and earnings per
share excluding the EC fine and AMD settlement and any related tax
impacts of these charges to conduct and evaluate results of the
business. We believe that analyzing the trends of the underlying
business is aided by the removal of these charges and the
associated tax impact of the AMD settlement due to the significant
impact they have on comparability. Specifically, management
excludes these charges for purposes of period to period
comparisons in our budget, planning and evaluation processes. The
company discloses this non-GAAP information to enable investors
who wish to more easily assess the company’s performance on the
same basis applied by management and to ease comparison on both a
GAAP and non-GAAP basis to our current period results. |
| The non-GAAP financial measures disclosed by the company should
not be considered a substitute for, or superior to, financial
measures calculated in accordance with GAAP, and the financial
results calculated in accordance with GAAP and reconciliations
from these results should be carefully evaluated. In addition,
these non-GAAP measures do not exclude other income and expenses
which may not be part of our ongoing expectations of the business. |

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		INTEL CORPORATION
		(Registrant)
Date: January 13, 2011	By:	/s/ Cary I. Klafter
		Cary I. Klafter
		Corporate Secretary