Prepare for another horrible quarterly earnings report and lots more layoffs.
https://seekingalpha.com/news/3955391-global-pc-shipments-down-29-in-q1-growth-expected-after-2023-idc-report
3 replies (most recent on top)
Seen how Micron went up after bad earnings? Bad is good now. Besides, Apple products are for the high-end consumers. They want new features and Apple did disappoint.
Rev up the CPM again
This is from last week but I haven't seen it show up on this site yet:
https://www.theguardian.com/technology/2023/apr/07/samsung-to-cut-chip-production-as-profits-plunge
and this is from yesterday:
https://finance.yahoo.com/news/apple-40-plunge-pc-shipments-043700361.html
If companies that are beating Intel in the marketplace are getting pummeled than Intel better brace for some really tough times. As bad as things have been up until now they are to get exponentially worse. Intel should put the fab build out on hold. They did this with Fab 42 in Ocotillo years ago. Finish the buildings but don't put any tools in them.