Intel have recorded another record quarter, raking in $11.1 billion in revenue, with $3 billion of that in profits.

Supposedly, the record revenue and profits are due to increases in laptop and server chip sales, but Atom doesn't get any of the fan-fare, Atom sales actually dropped by four percent.

Other Q3 highlights are:

PC Client Group revenue was up 3 percent sequentially, with record mobile microprocessor revenue.

Data Center Group revenue was up 3 percent sequentially, with record server microprocessor revenue.

Intel Atom microprocessor and chipset revenue of $396 million, down 4 percent sequentially.

The average selling price (ASP) for microprocessors was approximately flat sequentially and up significantly year-over-year.

Gross margin was 66 percent, consistent with the company's revised expectation of 65 to 67 percent.

R&D plus MG&A spending was $3.2 billion, consistent with the company's expectation.

The net gain from equity investments and interest and other was $115 million, lower than the company's revised expectation of $175 million.

The effective tax rate was 30.5 percent, slightly below the company's expectation of approximately 32 percent.