Growing confidence among the business houses gears up the investment in technology and owing to that Intel have recorded an amount of profit in its previous quarter. In the year of 2011 everything is going to get better is what Paul Otellini, chief executive of Intel said after their strong performance last year.

According to the company the machines that are used in the data center for storing and processing all those massive amount of information flowing through the internet are in huge demand. The news came in late on Thursday. Intel saw their share priced at a 59 cent per share as its 4th quarter profit surged upwards from a profit of 2.28 billion dollar last year when its shares were listed at 40 cents per share to 3.39 billion dollars. Increasing more than what the analysts estimated the revenue moved to 11.46 billion dollars. Mr. Paul said in a conference that including the last quarter it was the 3rd straight quarter the company had record profit and sales. He said that the market for the personal computers had been expanding continuously with around 17% growth in the year of 2010.

The record sales saw Intel's share rise in the after-hours trading by 2% after remaining the same all though the regular trading before the release of the report. The share price at closing on Wednesday listed at 21.29 dollar roughly equal to what it was 1 year ago. Intel though was recorded saying that it had successfully bought back stock amounting 1.5 billion dollars in the quarter.

According to Mr. Wang the optimistic forecast by Intel establishes the fact that it has products in its arsenal that can provide the kind of growth that's predicted. One such product can be the advanced processor named Sandy Bridge that Intel revealed last week at the Electronic show for consumers. Intel claims to deliver a raised level of performance through its new technology.