Steven M. Sears
April 8, 2015
Intel’s (ticker: INTC ) options trading pattern suggests some investors think the stock’s 13% year-to-date decline masks an earnings rally.
Over the past 10 sessions, investors have bought about 61,000 April $34 calls, which expire on April 17, and about 35,000 April $33.50 calls, which expire April 24. The stock is around $31, and associated options are priced as if next week’s earnings news will cause the stock to make an extraordinarily sharp move.
With earnings expected April 14, Intel’s implied volatility is 29%, near a 52-week high. Goldman Sachs is telling clients Intel’s options indicate the stock will move 7% on earnings news. To put that number in context, consider that over the past eight quarters, Intel’s stock has moved 2% on average, up or down, in reaction to earnings news.
IDG News Service
Apr 10, 2015 12:35 PM
Intel has shown what it calls the “world’s first no-wires” laptop, which has wireless charging and can connect to peripherals without cables.
The prototype laptop frees users from carrying a bulky power adapter, since the laptop recharges after being placed on a wireless charging table or surface.
It also connects wirelessly to external displays through Wi-Di (Wireless Display) technology, which could eliminate HDMI and DisplayPort ports. The wireless display needs to support Wi-Di technology.
“This is going to be the world’s first PC where you’d never need to connect a wire to it,” said Intel’s Kirk Skaugen, senior vice president and general manager for Intel’s Client Computing group. He showed the laptop during a speech this week at the Intel Developer Forum in Shenzhen, China.
Intel first talked about the concept of a wire-free laptop in June last year. The laptop is only shipping to software developers looking to write applications that take advantage of the wire-free features.
A number of laptop makers are supporting Intel’s vision of wire-free computers. For example, Lenovo wants to bring such features to its business laptops, Skaugen said.
The laptop shown was a hybrid in which the screen could be pulled out of the keyboard dock. Intel is looking to link laptops wirelessly to peripherals like monitors and external storage through the emerging WiGig technology. At data transfer speeds of 7G bps (bits per second), WiGig is much faster than Wi-Fi.
The wire-free prototype is also the first laptop based on Intel’s upcoming sixth-generation processor code-named Skylake, Skaugen said. PCs based on Skylake will start shipping in the second quarter this year, though it isn’t clear when laptops will start getting wireless charging and other features.
Intel’s wire-free PC isn’t practical today as wireless peripherals aren’t available and wireless charging surfaces for laptops haven’t been installed in restaurants, cafes and other spaces. Intel is talking to airlines, airports, restaurants and other institutions to provide wireless charging stations. It could be years before wireless monitors and external storage devices are widely available.
Another goal of the wire-free PC is to make computing convenient. For example, it will eliminate the need to remember passwords, Skaugen said. That points to the wire-free laptop supporting biometric authentication. Microsoft’s Windows 10 will support biometric login through a feature called Windows Hell
Worldwide PC shipments are expected to fall by 4.9% in 2015, a drop from the previous forecast of 3.3%, while growth projections for 2016 and 2017 were raised slightly, according to the IDC Worldwide Quarterly PC Tracker. Fourth-quarter-2014 results were 1.7% ahead of forecast, but economic and product changes will create a head wind in the short term. Total 2015 volume is projected at 293.1 million PCs, slipping a little further to 291.4 million in 2019. In value terms, the PC market reached US$201 billion in 2014, a decline of 0.8%, and is expected to fall another 6.9% in 2015 with smaller declines in subsequent years bringing the total to US$175 billion by 2019.
This doesn't make sense. Skylake is expected begining of summer ?
Analysts said they believed the second set of factors is more important. Intel sells its chips to customers in dollars, but many PC makers that buy those chips sell their products in local currencies. They may also have to convert local currencies to buy components, a process that has grown more costly as the dollar’s value has risen.
PC makers have boosted their prices in Europe sharply to respond to the rapid downward move of the euro relative to the dollar, noted Chris Caso, an analyst at Susquehanna Financial Group
Acoording to WSJ
ntel held its gross margin guidance at 60%, plus or minus a couple percentage points, saying higher average selling prices would offset lower PC volume. Intel added that its data-center business—which reflects chips for servers—is meeting expectations.
QIHOO 360, China’s biggest Internet security company, plans to invest more than 10 billion yuan (US$1.6 billion) to build a smart home eco-system, the New York-listed company said yesterday.
Qihoo 360 aims to offer users a safe and reliable smart home system through cameras and smart routers. It plans to join hands with home appliance vendors to establish an open smart home eco-system, Zhou Hongyi, chairman and chief executive of Qihoo 360, said at the Appliance & Electronics World Expo in Shanghai.
and this debunks all analysts questioning Intel's modile investment.
RBC Capital Markets’ Doug Freedman and Jeriel Ong have a note out on the impact on Intel. They estimate that the regions suggested by the report could represent as much as 30% of Apple’s total unit volume, as much as 70 million units. (Of course, that assumes that the smartphone would be a flagship product—they don’t believe that the chip was designed for a lower end product, but note that the 5s/5c did see segmentation, so it’s not impossible.)
Like it or not, Apple's AAPL -0.93% latest, premium-priced MacBook blazes a new trail that will likely spur further industry adoption and design trends. At $1299 for a 12-inch Intel INTC +2.74% Core M-powered machine that was designed with an almost maniacal focus on minimalism, folks might be scratching their heads a bit and so am I. However, price point aside, Apple has once again dared to go where other manufacturers have yet to tread, introducing USB-C to the mainstream market and underscoring an industry initiative that Intel has been championing for a while now as well — “No wires, no passwords and a more natural interface.” Kirk Skaugen, Senior Vice President of Intel’s Client Computing Group has been evangelizing this vision and company mantra for some time now and it’s an industry trend as well that makes a lot of sense.
Intel has pulled the curtains on the latest additions to its server-focused Xeon family with immediate availability.
The Xeon Processor D fills a gap between the low-end Atom-based C2750 and the mainstream Xeon E5 range and looks destined to reinforce Intel's formidable armada as competition from ARM (via Cavium, Calxeda, Applied Micro and AMD) heats up.
With the Xeon D, Intel moves the focus from the Data Center edge to the Network edge, a clear threat to ARM's established partners like Freescale, Broadcom or Marvell.
Intel today announced a new line of Xeon D chips targeted at the server and network appliances. In the near future though, Intel expects that the Xeon D chips may power robots as well, as industrial automation picks up.
Currently most robots use basic processors that work just fine for the basic tasks they perform. However, as robots get used for more complex tasks, there will be a need for stronger processing power. And that’s exactly where the latest Xeon D chips come in.