HP is getting lean & mean with layoffs, cutting expenses. Meanwhile, Intel is saying R&D/Fab expenses will continue to grow with no layoffs - all this while revenues are cratering. Intel's CFO is doing a horrible job. Most big-name tech stocks at/near 52-week highs as a result - but not Intel.
The problem with Intel's business model is they have NO CONTROL over product segmentation. The OEMs are using Haswell, Core, Baytrail, etc. as they see fit, usually not at the price points & features as Intel had planned. Thats the problem when Intel is content in being a component supplier only & not vertically integrated. Anyone with half-a-brain could see this trainwreck happening 3 years ago, except Paul O. apparently.
They are usually correct with their forecasts.
so much for it being a leadership chip. No top OEMS will touch it for any of its mobile products, even at discount prices. Once again, the design team blew it. 2014 will be a very bad year as Intel has no mobile leadership products against the competition. Intel executives should be ashamed of their optimistic "dog-and-pony" show at the investors' meeting trying to portray an improving situation. The fact is, things are getting much worse.
Announce a layoff of about 20K employees, which they should be doing. That would pop the share price up.
Amazon, Google, Apple, Samsung, IBM, etc. are all selling their hardware devices at cost (i.e., NO profit) because they can get revenue in other ways - content, software, services, etc. This is a huge blow to Intel's business model. CEO Brian K. - a manufacturing guy - just doesn't get it.
Ex-CEO Paul O. blew it. Plain-and-simple. He even admitted it. Yet, he's still collecting $Ms in compensation & free stock options while the stock does nothing. Horrible leadership.
Unbelievable. Top sellers - Apple, Samsung, Amazon, Google based mobile products. No Intel. Same as last year, and the year before that, etc. Intel leadership has been horrible, yet they get paid their $5-$10M in compensation, not including their "free" options. We need a change at the Board-level.
He's 1 of Intel's biggest bulls & the market just ignored him. IMO, he gave a pretty far-stretched endorsement that questions his credibility - he thinks margins will increase going forward !?! 50 day moving average hanging by a thread. My model says it will break down soon.
Windows8/Win8 is a complete joke/mess & the masses don't want to learn Android OS. Intel business model is in serious trouble folks.
"Buying" market share is rarely a good business strategy. Expect margin % to crash. You people should listen to Mas. He knows what he's talking about with regards to pricing strategies.
Intel has become completely irrelevant in retail. Thanks Mr. Otellini.
Intel executives owe shareholders a big apology. They have lost their way...
Intel is relying on convertibles (2 for 1s) for any hope of growth in the retail market for the next year at least. No one seems to be mentioning them, which is NOT a good sign. Intel (Otellini) has miscalculated badly. It appears Tim Cook was right - no one wants 2 different devices masking as 1. Tablets have destroyed Intel's business model.
Stacy Smith should be demoted for his "performance" that day. To make matters worse, his "jokes" during his presentation was totally out-of-place & odd at best. Intel's costs are totally misaligned with cratering revenues & he fails to take action. Intel headcount are at all-time highs, which is unacceptable to shareholders. He has also been very conservative with the financial reengineering available to him with rates at all-time lows. Do your job Mr. CFO or get out. He needs to be replaced, imo.
Time for some cost cutting, a-la HP. HP has doubled its stock price on headcount reduction. Not Intel. They are growing headcount & cap ex to record levels, while revenue keeps dropping. Do your job Stacy Smith.
Wait until the beta/volitality of the stock is high, to collect the higher premiums. INTC volatility was very low for a while, but Stacy Smith took care of that.
Confirms that ARM chips will never be good enough to run real Microsoft programs. IOWs, it will never penetrate the business segment. Its only good enough for consumer "toys", such as tablets & smartphones.