Intel, makers of fine processors and other delicious computing goods, announced a record year at their quarterly financial report.

The corporation reported full-year revenue of $54 billion, operating income of $17.5 billion, net income of $12.9 billion and EPS of $2.39. The company generated approximately $21 in cash from operations, paid dividends of $4.1 billion and used $14.1 billion to repurchase 642 million shares of stock.

For the fourth quarter, Intel posted revenue of $13.9 billion, operating income of $4.6 billion, net income of $3.4 billion and EPS of 64 cents. The company generated approximately $6.6 billion in cash from operations, paid dividends of $1.1 billion and used $4.1 billion to repurchase 174 million shares of stock.

“2011 was an exceptional year for Intel,” Paul Otellini, Intel president and CEO, said. “With outstanding execution the company performed superbly, growing revenue by more than $10 billion and eclipsing all annual revenue and earnings records. With a tremendous product and technology pipeline for 2012, we’re excited about the global growth opportunities presented by Ultrabook systems, the data center, security and the introduction of Intel-powered smartphones and tablets.”

Intel has posted a positive business outlook for 2012 as well.

They expect Q1 2012 to bring in $12.8 billion in revenue, plus or minus $500 million. They expect a gross margin percentage of 63 percent and 64 percent non-GAAP. They expect to spend approximately $4.4 billion on R&D. They see Amortization of acquisition-related intangibles at $75 million. There should be no impact from equality investments and interest. Their depreciation is set to $1.5 billion.

For the full year, they expect a gross margin percentage of 64 percent and 65 percent non-GAAP. They expect spending for R&D to cost around $18.3 billion. There is an amortization of acquisition-related tangibles at $300 million. They expect to see depreciation set to $6.5 billion. Their tax rate will be 29 percent and full year capital spending will be $12.5 billion.

Their Q4 business unit revenue saw their PC client group revenue at $9 billion, up 17 percent year-over-year. Data center group revenue was at $2.7 billion, up eight percent year-over-year. Other Intel architecture group revenue was at $1.1 billion, up 35 percent year-after-year. Intel Atom microprocessor and chipset revenue brought in $167 million, down 57 percent year-over-year. McAfee and Intel Mobile Communications contributed revenue of approximately $1 billion.

Full year business unite revenue saw their PC client group’s revenue at $35.4 billion, up 17 percent from 2010. Their data center group saw revenue of $10.1 billion, up 17 percent from 2010. Other Intel architecture group saw revenue of $5 billion, up 64 percent from 2010. Intel Atom microprocessor and chipset saw revenue of $1.2 billion, down 25 percent from 2010. McAfee and Intel Mobile Communications contributed revenue of $3.6 billion.

Intel plans to report their Q1 2012 earnings on April 17.