PC sales slowed to a crawl the past several weeks, according to latest market research.
Nothing has changed with the new CEO. No layoffs announced & the company remains "fat".. More & more losses in mobile. INTC is riding the coattails of business laptop upgrade but that cant last forever. The BMO report today was very worrisome.
Most top posters here & Intel was claiming 2 to 3 year process leads. I dont like what I'm hearing regarding the competition and their aggressive schedules.
Thats what Intel tried to do years ago (vertically integrate a smartphone with its own chip & OS) & Otellini failed miserably. Smartphones are a strictly platform/ecosystem business model & you need to have the right network/partnering strategy to make it work. Intel failed from Day 1 & continues to do so. Now, their only competency, chips design, is behind the other ARM players, including Apple chip designers. Meanwhile, us shareholders are paying for this $1B mistake every quarter.
Wasting $B's of our shareholder $$ but to what end? Nothing but losses. They're still about 1.5 years behind the competition & no guarantees they will ever catch up. MWC was a disaster for Intel.