INTC hasn't earned less than $0.50 in over two years. These are #$%$ estimates. Even with the excess capacity charges, INTC will earn at least $0.55 this quarter....close to $3 next year.
- INTC gain more market share as AMD is getting out of the picture...read the deal AMD just made with GF
- Buy backs will make difference in earnings too...on top of the $6 billion just announced, INTC already had a buy-back program in place.
- Look at the products INTC has coming up - thin hybrids and convertibles, smartphone wins and small tablets wins coming up as well. On server side the are as dominant as ever. Gaining in manufacturing process and over time they have proven cost per transister goes down for INTC.
- Buy and hold here