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Intel Corporation Message Board

  • amdmonkey72 amdmonkey72 Dec 12, 2012 6:17 PM Flag

    Was this your best shot shorty? Pathetic. Read James Cavello crying to his investors.

    Goldman Sach‘s James Covello late yesterday reiterated a Sell rating on shares of Intel (INTC) in a note to clients that wades into the discussion over whether the chip giant might get some of Apple‘s (AAPL) contract manufacturing business away from Samsung Electronics (005930KS), a prospect, he writes, that should concern investors if it were to come to pass.

    Writing that he has been fielding “a significant amount of investor interest regarding Intel becoming Apple’s foundry given Intel’s current excess capacity and Intel’s manufacturing ability,” Covello goes on to opine that getting Apple’s business would be bad for Intel’s gross margin, at an estimated 25% to 30%, or what he deems a “drag of about 400 basis points” to Intel’s gross margin, on a blended basis with the rest of Intel’s business. That’s assuming total revenue of perhaps $8.9 billion come 2016, if it were to happen.
    Hey James old boy. You have a price target on Intel of 16 and the stock is going up. I bet a lot of your investors are angry at you. So now, like a republican pollster for Romney, you say good news for your opponent is really bad news for Intel. So even an idiot like you say that Intel would gain 9 billion dollars a year in revenue--3 billion net profit--from an apple deal. You say--the margins would go down for Intel but that is nonsense,. Also--you are grossly under-estimating the deal. Intel will be making the chips for the Apple TV--the Macs--the Ipads, and the chips for the Iphones. Also--as a fab for Apple--Intel and Apple will be the worst nightmare for competitors. Intel makes the best chips in the world for Apple which has the best software and retail products in the world.
    I am sure that James will have a sell on Intel when it hits 40 and I am also sure that nobody on the planet will give a shhheit what he says then.

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