Continue Reading Below
The world's largest chipmaker net income fell to $3.61 billion, for the fourth quarter ended Dec. 26, from $3.66 billion, a year earlier.
On a per share basis, earnings were flat at 74 cents.
Net revenue rose to $14.91 billion from $14.72 billion.
The fourth quarter of 2015 marked the fifth consecutive quarter of worldwide PC shipment decline, according to Gartner.
(Reporting by Anya George Tharakan in Bengaluru; Editing by Sriraj Kalluvila)