Intel's Internet of Things Group Is Highly Profitable

Though the buzz around the Internet of Things, or IoT, has probably been more focused on the ARM Holdings ecosystem, it's actually quite stunning just how profitable Intel's own IoT division is. Now, do keep in mind that Intel's IoT group is a relabeling of its Intelligent Systems group, which in turn was a relabeling of its embedded division, but the point is that this is a very interesting -- and highly profitable -- business. Since the IoT group was -- before the most recent quarter's earnings release -- lumped in with the rest of the entities in the Other Intel Architecture group, it was hard to get a precise read on the size of the business. However, thanks to a restating of the financials with various segments broken out separately, investors can now keep tabs on this business as a separate entity.