So far, every single chip-related company is reporting sales/revenue collapses of at least 30-35% in Q1. You think Intel is going to be different?
7 replies (most recent on top)
Results are very shockingly poor.
don't worry about earnings. Pat and new CFO has lot of dirty accounting tricks in their pockets to look earnings better.
Revenue will be about $1bn short of the very lowered expectations, net loss in the range of $2-$3bn unless they pull out some accounting trick to mask it.
All the other companies kicked the bad news down a quarter. Intel didn't.
It's gonna be sh--e but it'll still be a profit. Barely
You can see the higher ups patting themselves on the back already
I just can't wait until the complete and utter collapse and decimation of Intel !!!
TI today Tuesday Apr 25, after the bell. KLA tomorrow.