Yesterday it was Citi weighing in with they didn't think INTC would make their numbers for 2013. Today JP Morgan says the same thing about 2013. Notice how they have gone fron Qtr. 1 not making numbers to 2013 to keep the trashing going. We must be at the bottom as all the analysts are jumping on board. Now, if we only could get a CEO who could speak and refute this #$%$, we could get INTC up where it belongs.
The following comment embedded into the report is interesting: Our checks with the PC supply chain suggest Intel will launch the desktop version of its new Haswell architecture in April, notebook in June. Because Haswell is not socket compatible with Ivy Bridge (the prior generation), this has the effect of reducing demand for Ivy Bridge ahead of the Haswell launch.