Intel has released its Q4 2018 and full-year 2018 financial results. The fourth quarter revenue was $18.7 billion, up 9 percent year-over-year (YoY); and full-year revenue set an all-time record of $70.8 billion, up 13 percent YoY. According to CNBC, analysts had predicted a higher revenue number of $19.01 billion and this caused shares of Intel to fall 8% in after hours trading. On a positive note, Intel posted a fourth-quarter earnings per share of $1.12 ($1.28 on a non-GAAP basis) and achieved record full-year operating income, net income and EPS. The company generated a record $29.4 billion cash from operations, generated $14.3 billion of free cash flow and returned nearly $16.3 billion to shareholders. This did not dissuade analysts from criticizing Intel's Q1 2019 revenue projections as "light." Intel expects a record 2019 revenue of approximately $71.5 billion and first-quarter revenue of approximately $16 billion. Collectively, Intel data-centric businesses grew 9% YoY in Q4 and 20% YoY in 2018. The Intel Data Center Group failed to meet analyst estimates for revenue as growth from cloud fell sequentially from 50 percent to 24 percent. "Cloud providers are currently "absorbing capacity," Intel said in its quarterly presentation to investors." Of particular interest to our readers was the Client Computing Group numbers as it includes PC chips. This segment was up 10%, but still didn't meet analyst estimates. Q4 revenue for the Internet of Things Group (IOTG) declined 7% YoY. There are more numbers to crunch in the Intel News Release. The Intel Q4 2018 Earnings Presentation can be found here and the Q4 2018 Intel Corporation Earnings Conference webcast can be located here. The company's U.S. Securities and Exchange Commission (SEC) filing can be found here. Intel revealed that it is still evaluating candidates for its open CEO position. Shares of Intel stock fell as much as 8 percent on Thursday after the company reported lower-than-expected revenue for the fiscal fourth quarter and light guidance. Bob Swan, Intel's finance chief, has since been serving as interim CEO. "The board continues to evaluate candidates for what I believe is the biggest and best open job on the planet," Swan told analysts on a conference call following the earnings release on Thursday. "They are proceeding with a sense of urgency while also ensuring that they make the right choice for this great company." Intel said it expects around $15.5 billion in capital expenditures in the 2019 fiscal year. That's higher than the $14.26 billion FactSet estimate.