Don't discount the int&other inc. Without it last
quarter, Intel wouldn't have beaten estimates.
quarter, INTC has already announced 2.3 BLN up from 725
MLN previous guidance. That extra 1.6 BLN is about 40
CENTS/ SHARE before taxes. The headline earnings number
will include these gains.
have only raised estimates from 69c to 70-71c average
in the last couple months.
I don't like that
they are reporting earnings on a split-adjusted basis,
which could be very confusing..
from sales of securities. Isn't that the reason
for the low $0.70's operating number vs. the upper
$0.90's net income #?
These are not seen as
operating items, although Intel does make a lot of
investments. But showing lots of income from investments does
cause people to focus on operating #, so the stock will
trade on the reaction to that, not the net.
any comments about the future..
On 6/20 INTC upped estimate for interest and
other income from 725 MLN to 2.3 BLN !! They also
announced 200 MLN cost to replace motherboards.
net net is more $$ for INTC. Analysts have only
raised the estimate by 1-2 cents over the last two
months which doesn't fully account for the additional $$
from interest and the sale of
If you can read...you can see that the dates on
those were back in the beginning of May. If you read
the article it said that the stock closed down 10 and
change for the day so it has no effect on us now and you
will see that when the earnings come out. If you can
come up with something better...just let us know.