Well, we will see what the guidance looks like in the conference call but on the face of things. Reports coming out a week before the earnings release were saying PC sales were horrible so the expectation was pretty gloomy. In line is pretty good with that backdrop.
Apple will start shipping the new Mac Pro, as soon as Intel ships Xeon E5-Ivy Bridge. Xeon is a high end CPU that generates a lot of revenue for Intel. There is a huge bottled up demand for Mac Pro with a new Xeon. The last meaningful(i.e. not incremental) upgrade was 3 years ago. That's because Intel hasn't been able to come up with a Xeon that works with the chipset that supports Thunderbolt and USB 3.0. After July it looks good.
Outlook is still good...excellent, in fact, compared to what the sewer brain anal-cysts say. So, inline is fine, with outlook being really quite good. Still single digit R growth, which means we should see a real bump in the second half. This back loaded outlook is the future man..the numbers you are complaining about are the past. WS looks out 6 months, and though they are a pack-o-ninny's, they should start to see the grandeur of INTC blossoming end of this year. It's a $35 stock by Xmas. Mark my words.
Same reason unemployment is at 8.9% and is good news. It is what the media and Admin. wants it to be and that is why you should prepare for the future on facts not this manipulated #$%$.
So true..The mediocre report confirms that the company remains comatose..A shadow of itself..The sleeping foundry would be better off turned into a bowling alley..Renting bowling shoes and selling beers would produce more revenue than that disaster will. We can only hope that the uber-pumper guy, nicknamed Ashtray from SA will shut up for a while and let a "sleeping dog lie"..Let's see if Nomura and GS PT's turn out correct.