Health care cost, tax, 401K commitment is too much to maintain profit margin.
The top line revenue growth is within analyst estimation. Margin is OK on new chips, which have successfully defended PC price from slipping into commodity. Even though aging of a new chip is getting faster these days, apps are far behind still. I believe many functions can be pre-programmed into chips considering of a 3 years PC life cycle because this end of variability is more profitable and trendy. $24 is a reasonable reward and sustainable before the next quarter report since the growth trending backs higher p/e as desired. Congrats.