Intel has revealed some great revenue and profit figures for its latest quarter, resulting in amplified confidence. The fourth quarter earnings report of Intel shows increased profits from $2.28bilion last year to $3.39 billion this year. It has experienced a good growth of 59 cents per share with revenue increasing to $11.46 billion.

“In 2011, everything gets a little better,” said Mr. Paul S. Otellini, Intel’s Chief Executive. “The economy is forecast to improve. This dynamic will require high-performance servers from Intel for years to come,” he said. “Intel is very well positioned to benefit from the growth in data centers.”

He also said that Q4 was the third consecutive quarter with record sales and profits. This success has boosted the confidence of the company multiple times and they also expect their market to expand further. It expects to see increased revenues in Q1 of this year too from $11.1 billion to $11.9 billion. It’s so because the PC market is expanding at an approximate rate of 17% and moreover, companies are replacing their old machines with the latest technologies.  HP and Dell have been making good in this arena as well.

This surge in revenues resulted in the increase of Intel’s shares to about 2 percent in after-hours trading. The company also reported to having bought back $1.5 billion in stock during the quarter. Stacy J. Smith, Intel’s chief financial officer, also expects the company sales to surge high, especially in emerging markets.

We also heard about Intel Capital making some significant investments and funding in recent months. It endowed a significant amount of funding to Clickfree, a backup solutions provider, and Openfeint, among others.

Among all these good things at Intel headquarters, there were a few not-so-good things too. Thanks to its 2009 legal dispute with Nvidia, Intel has agreed to pay $1.5 billion for settlement. This amount will be paid in 5 annual installments and in turn, will receive full access Nvidia’s patents.