They never changed their outlook, which speaks volumes for their Q3 Forecast. ............................ Business Outlook
Intel’s Business Outlook does not include the potential impact of any mergers, acquisitions, divestitures or other business combinations that may be completed after July 20.
Q3 2011 (GAAP, unless otherwise stated)
Revenue: $14.0 billion, plus or minus $500 million. Non-GAAP revenue: $14.1 billion, plus or minus $500 million, excluding certain acquisition-related accounting impacts. Gross margin percentage: 64 percent, plus or minus a couple percentage points. Non-GAAP gross margin percentage: 65 percent plus or minus a couple percentage points, excluding certain accounting impacts and expenses related to acquisitions. R&D plus MG&A spending: approximately $4.3 billion. Amortization of acquisition-related intangibles: approximately $75 million. Impact of equity investments and interest and other: gain of approximately $100 million. Depreciation: approximately $1.3 billion.
Maybe! But don't forget that the world is teetering on financial failure, causing lots of volatility. Just because Intel is a great company doesn't mean it's stock price won't get hammered on the next downturn - which could happen at any time. No?