What are the chances that INTC will beat the current earnings estimates and have some type of catalyst announcement (new customer, CEO announcemnt, etc). This stock has dropped from $29 to 21 in the last year. I own it, but it is hard to have faith when the general market goes up and INTC has tanked
With global PC sales falling and intel unable to break through int he mobile chips (phones and tablets), there would be no way there would be a beat. Therefore we are looking at either a match with the consesus due to cost cutting or a mild miss. The reason why I say cost cutting is because there is no product that intel has released from the last earnings to the next that would bring in any revenue. I'm predicting a 5 to 8 cent miss based on previous history of intel earnings, their current P/E, and current profit margin, which they will have to forgo this quarter in order to make their sales.
digitimes is spreading spam counter to "PC sales falling". interesting.
HP, Acer, Asustek to ship 2.0, 1.7, 1.1 million notebooks in March, say Taiwan makers
Aaron Lee, Taipei; Joseph Tsai, DIGITIMES [Friday 8 March 2013]
Hewlett-Packard (HP), Acer and Asustek Computer will ship two million, 1.7 million and 1.1 million notebooks in March, growing over 27%, nearly 20% and 17-18%, respectively, according to Taiwan-based supply chain makers.
Although HP will have the strongest on-month shipment growth among the top-5 notebook brands in March, the US company's shipments will still fall behind those of Lenovo in the first quarter, losing its leading position to the China-based vendor.
Lenovo's shipments will enjoy a 10% growth on month in March, while Dell is expected to suffer a drop.
Since most suppliers of upstream components, especially touch panels which are suffering shortages, still give supply priorities based on a vendors' shipment market share, if they do not push their shipment volumes, brand vendors have a higher chance of falling behind competitors.
In the second quarter, HP is expected to enjoy a sequential shipment growth of 33%, Asustek 41%, Toshiba 42%, Lenovo 20%, Dell 19% and Acer 10%.