Intel dropped the ball in terms of anticipating Apple's ability & ambition as a CPU designer. Plain and simple.
Risk/reward not good at these levels. Also, foolish for Intel to be buying back shares at decade highs. Business slowdown of PC upgrades represents major risk, since mobile will continue to be a sink hole. IMO, the stock would be trading at $30 today if Intel didnt say explicitly they are buying Billions back this quarter. Foolish strategy, imo. Intel should want to buy back shares at lower prices.
This is what we get for hiring a Community Organizer as President. Undergrads today have better leadership skills than this guy. "Don't cross this red line......". Indeed. Don't even get me started about his socialist & anti-capitalism policies. Hard to find any Obama fans today. Repubs will control both the Senate & House in a few weeks. Americans today are wishing for the halcyon Reagan years & Bruce's themes on his classic Born in the USA album. Reagan was true Americana leadership & policies, & we prospered as a nation as a results.
Some research last week indicated some bad Q4 PC/Laptop trends. If true, the stock is in big trouble. The only reason for the 30% jump the past 6 months is due to business PC upgrades. Mobile is actually performing worse than expected. If the business upgrade slows/stops, expect a drop to the $20s.
Just posted benchmarks very discouraging. Its becoming clear that ARM designs are hitting a huge wall. Apple will have to choose Intel sooner or later.
I'm sorry..I'm usually bullish but even I have to admit the stock is way overpriced here. HP CEO said today that long-term, PCs are a flat to negative growth market.
This is the start of the ARM ecosystem decline. Its clear ARM is losing in servers, desktops, & laptops. X86, meanwhile, is making major inroads in tablets & eventually SOC smartphones and IoTs. Just as an ecosystem gets stronger as momentum builds, the same holds true in reverse as things turn negative. You'll start seeing more & more ARM players dropping out going forward.
Wait until Jan 1., when most everyone's health premiums will go up. Socialism at its best.
Should be a solid floor as long as Intel keeps their buyback program in place the next 2 quarters. Still disappointed the CFO has not raised the dividend in 3 years (while he personally sold a bulk of his shares).
Only an idiot would completely abandon Iraq with zero American presence. That's what we get for electing a community organizer into Office. "...Don't cross the red line...."
Pre-markets are very ugly. Looks like we'll finally get our 10% correction. Obama getting sucked back into Iraq, which will cost us $Billions.