Looks like a nice beat on EPS of 53 cents vs estimates of 45 cents. Revenue basically in line. Guidance for 2014 is for flat revenue plus/minus a couple of percentage points. Didn't see non-GAAP forecast, but GAAP earnings look like 1.75-1.90 versus $1.49. CC at 5 a.m. PST.
Lines out the door in Shanghai and Beijing when I was there in 2012.
Only ten hours before the market opens. What a great market indicator! Maybe the next trading tool will be a Monday futures report on Saturday. LOL
Earnings CC tomorrow, 5 a.m. PST. Estimates of 45 cents on revenue of $1.03B. If there is a beat, a positive outlook and an overall market that doesn't continue to fall, it could be a good day.
I think you have to analyze the market for what it is, not for what you think it should be.
Anyone who relies on one man's opinion re a stock purchase or sale is a fool. In my view, Ashraf is simply another source of information. At least he seems willing to look at all sides of Intel--the good, bad, and ugly. He has expressed on numerous occasions that he is long Intel. Just because he doesn't have slobbering love affair with the stock doesn't make him less credible. Seems only intellectually honest to point to its shortcomings as well as its attributes, whether you are a buy, sell or hold investor. I value the thought process more than the opinion.
I agree that neither company promises nor an improving economy equate to profit for Intel, or any other company for that matter. There are plenty examples of losing stocks in a rising economy, and lots of vaporware. I just seem to be seeing more and more of "if this happens," and "we are working on this project," and less tangible evidence that it is translating into profit. It's kind of like the fisherman who, when asked how many fish he had caught said, "If I catch the one that's biting and two more I'll have three.
This irrational behavior is what creates buying opportunities. Stock market investing 101.
Why does there regularly seem to be an "if" attached to what Intel is working on? As in "if Intel delivers..." in this post.
Anybody remember her? She was the Steve Jobs of the apparel industry. When she left, the company went into a steady decline because there was no innovation. Now I see that John Scully is offering his advice. Remember him--the Pepsi whiz kid-turned Apple CEO? That didn't work out well, either. Looking at the recent results with Apple, is there a common thread here?
Intel "working" on lots of stuff. Tell me when it will become profitable. Reminds me of the lyrics of an old Chuck Berry tune: "C'mon, Tulane, you're laggin' behind."
Wallis, are you kidding me. You were the one who said Apple's earnings could have a big impact on Intel. Now you say there will be no ripple effect because Intel has already reported. You are getting wierder and wierder.