11-May-11 10:24 am I must admit that this morning's announcement is nothing short of remarkable.
As of today, I officially capitulate and am encouraging the purchase of Intel shares.
This company is hitting on all cylinders and the management team is doing everything right.
The outlook for the shares is positive, imo.
I do, however, reserve the right to take shots at Wallis when he presents an easy target. Rating :
I think you are missing the big picture. Intel, MSFT, Dell and HP make the server system that drives the entire Internet System Engine. Without these servers the Internet and Cloud computer doesn't work. Hand helds and tablets and very thin clients and need computing power to make them effective. Intel is the leader in making the microprocessor in these server and will not go away. If they were smart they would raise the price on these componets and reap a higher margin. Also, PC's will always be needed in business, schools, hospitals and government. Handhelds are great and have taken market share from PC's but the core use is still needed. The reason for the decline in growth is the PC industry staturated its marketing strategy, newer is better and faster, which is not true anymore. The market will decline but will stablize at some point and still be profitable.