With a Barclay's upgrade on ARMH due to it's "Mobile dominance" the stock is up a percent. The point is not the upgrade but how little it's impacting the stock. What I am starting to see is the fairy tale story of ARMH and the notion that you can buy today at $27 and sell next year at $100 are over.
I think that investors are starting to get wise to the fact that the PE is too high and the stock seems to fluctuate from the low 30's to just under the mid 20's. There is an abundance of hyperbole and smack talk coming out of this company, just not enough profits to justify it's P/E. And the prospects of the next big thing are looking less likely over time.
who cares? both intc & armh were around 24, bfd when intc went ahead of it not that long ago and you want to say the pump ain'twhat it used to be. armh 35, intc 19, who f'n cares. One ceo is quitting, one is a joke.
The new Ipad uses the same manufacturing process like two years ago - the chip is huge. Everybody but Apple would be out of business Ipad 1 : baseline 45nm Ipad 2 : doubled chip size 45nm Ipad 3 : + 33% 45nm
And Apple is selling it- maybe WS believed manufacturing process / technology does not matter. You repeat the same thing over and over again and people start to believe it. However ARM really lit up a fire under Intel's butt - ARM was the BEST thing that could ever happen to Intel.
The pictures of phony (TriGate) wafers exhibited by Samsung and IBM/GloFo tell more than words can say. Basically it's a confirmation of Intel's approach