HP today unveiled its all-new Chromebook at an event in New York.
The new HP Chromebook 13 sports a 13.3-inch screen and comes replete with a QHD+ (3200 x 1800) resolution display, which is among the highest resolutions yet for a Chrome OS-based machine. The all-metal case is 12.9mm thick which is, well, pretty thin, and the basic model weighs in at 1.29kg (2.86 pounds). It also comes with up to 16GB of memory and promises up to 11.5 hours of battery.
Thanks guys for hanging in and having to cover at higher prices. You rock.
Wall Street has it totally wrong. They still think it's all about PCs.
It's about servers, data centers, memory, FPGAs, virtual/enhanced reality, SSDs, gaming and the IOT.
And it's all about the decline in mobility. Intel got out while the getting was good.
On Tuesday, Krzanich made it clear he believes any talk of the demise of Moore's law is premature.
"In my 34 years in the semiconductor industry, I have witnessed the advertised death of Moore’s Law no less than four times. As we progress from 14 nanometer technology to 10 nanometer and plan for 7 nanometer and 5 nanometer and even beyond, our plans are proof that Moore’s Law is alive and well," Krzanich wrote in a blog post published Tuesday. "Intel’s industry leadership of Moore’s Law remains intact, and you will see continued investment in capacity and R&D to ensure so."
The rumor comes from Forbes, which claims sources have learned that the management has decided to discontinue Sofia Broxton to free up money and manpower for modem and 5g technology.
[The point here would be that Intel has growth areas into which these efforts can be re-channeled. As opposed to mobility companies who don't. This is why Intel is looking good while the mobility companies are fading quickly. ARM down 63 cents today. Apple down 3 bucks. Nvidia down $1.16.]
"This device does not take the place of a mobile laptop or a high function thin client"
[It's RT all over again. Why do you think the do-over is going to be any better?]
Comments from Qualcomm's CEO indicate a major change for Apple.
From Chris Neiger at Motley Fool
Dropped two bucks during the session and two bucks AH. But don't expect apologies from the ARM pusher boy. He thinks ARM losses are meaningless because ARM has had a good run.
Hahahahahaha. Intel shorts taking a well-deserved beating today.
In fiscal 1Q16, Intel’s IoTG revenues rose by a remarkable 22% YoY (year-over-year) to $651 million. Its operating profit rose by 41% YoY to $123 million. The group now contributes ~4.8% toward the company’s total revenues, breaking its two-year mark of 4% revenue contribution. This growth was largely driven by strong growth in the video and retail space.
Meanwhile, the company hired former Qualcomm (QCOM) executive Murthy Renduchintala to be Intel’s President of Client and IoT business in November 2015. Intel Chief Executive Officer Brian Krzanich hopes the outside talent would bring new ideas to boost IoT growth.
The company will also use Altera’s FPGAs (field-programmable gate arrays) to develop IoT chips to cater to different needs of different consumers. FPGAs can be programmed after they are manufactured, allowing them to be used for specific applications. Intel is also leveraging Altera’s revenue derived from selling FPGAs to other semiconductor companies. Hence, it has created a separate division of PSG dedicated purely to Altera.
Programmable Solutions Group
In fiscal 1Q16, PSG reported revenues of $359 million and an operating loss of $200 million. The loss came after the company included acquisition-related charges and inventory and revenue adjustments. The company stated that the non-GAAP (generally accepted accounting principles) operating margin, after excluding acquisition costs, was a low-double-digit percentage.
Altera, through the PSG group, will continue to compete with Xilinx (XLNX) in the FPGA space. Moreover, Altera should enable Intel to supply FPGA-powered server chips preferred by cloud customers.
From Yahoo Finance
Why are you still here? You started this Intel abuse campaign when Intel was in the teens. The war is over. You lost. Go away tired, old, angry, bitter man.
Intel has successfully transitioned away from PCs and now has many new growth drivers. They dodged the collapse of mobility. The war is over. Why are you still here with your bitterness and angst?
On Tuesday, CEO Brian Krzanich laid out his vision for the future of the CPU giant in a lengthy public memo.
Krzanich’s memo highlights five areas he believes will be critical to Intel’s growth and future: The cloud, the Internet of Things, memory and FPGA technology, 5G wireless, and Moore’s Law.
The Internet of Things needs some sharpening, which Krzanich offers. Intel isn’t interested in chasing the entire IoT space, just specific segments of it. Krzanich writes: “At Intel, we will focus on autonomous vehicles, industrial and retail as our primary growth drivers of the Internet of Things.” Autonomous vehicles, industrial applications, and retail POS products are going to be higher margin and higher visibility as compared with legions of FitBit trackers or even smartphones. Intel’s move towards the higher-margin areas of IoT are meant to protect its margins and cost structures as much as anything.
FPGAs (via the Altera purchase) and Intel’s 3D XPoint will be part of the company’s cloud and data center offerings and are again intended to help boost the bottom line.
Krzanich’s memo makes it extremely clear how the PC fits into Intel’s new market paradigm. Remember the quote above about the Internet of Things? Here’s the very next sentence. “[W]e view our core Client business of PCs and mobile as among the many variations of connected things, which is driving our strategy of differentiation and segmentation in the Internet of Things business.”
In other words, yes, PCs are still important, but not because their PCs. In the future, your PC is just one more device you happen to access the cloud with.