Would not be surprised if this was happening over recent years, and new CFO stopped this after he took over..
The SEC would have a field day if this is true... 🤔
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10nm ramp and poor tiled and high cost plus uncompetitive predicted prices to sell, viola implosion
Oh really? Then why haven't the outside auditors flagged this? Why can't you name the accounts that are no longer in balance? I'll tell you why, you are clueless about accounting principles. Out of the mouth of babes... comes cereal.
Past 2 CFOs gone and suddenly revenues are 20% lower? Smells 🐟
fishy? can you be specific. What accounts do you suspect were gamed? Don't just put sh-t out there. Do you homework. Learn accounting and come in with some hypothesis based on evidence. How do you work at Intel and not understand how to root cause things?
There was definitely something fishy going on in around 2018-2020 - AMD was crushing us on all fronts, and lots of money spent on stock buybacks, but still reported results were somehow great, and dividends paid huge.
ridiculous. double counting revenue ? clearly you don't understand accounting. if you double count the revenue the cash or accounts payable won't balance.
Code of conduct violation? Intel? Never!
@ecf+1k8volJc
Hopefully true.. im skeptical.
Imagine if earnings for recent years were actually bogus?