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Intel Corporation Message Board

  • duhboysarebackintown duhboysarebackintown Oct 18, 2012 9:08 AM Flag

    Goldman says margins will go lower 1H next year as well

    As reduced cash will restrict stock buybacks. Is that why Buffett sold? is Intel "buying" its EPS?
    OK, now I'm concerned and I'm also concered about why Server sales were down when the Cloud is supposed to help server sales whereas they gave the Cloud as the reason for reduced server sales??????

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    • "OK, now I'm concerned and I'm also concered about why Server sales were down when the Cloud is supposed to help server sales whereas they gave the Cloud as the reason for reduced server sales??????"

      ***

      Server sales weren't down. From the conference call:

      "Our Data Center business saw the Corporate Server segment softening over the course of the quarter, with the Cloud segment growing 50% over last year and storage revenue growing 27% to a new record. During the last month, I have met with all of our major customers and while the market remains tough, I have been encouraged to see a renewed appetite for innovation across the entire ecosystem."

      And of course Goldman is going to say ugly things. They are part of the Chump Street crowd who projected the $8 billion revenue miss and now have to deal with the fact that there wasn't ANY miss. They have to come up with something. But there wasn't any miss and it's all bull puckey...

      Sentiment: Strong Buy

 
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