gross margin 37.5%
- $.04 / share loss
gross margin 37.5%
@tmn A good question. Who's buying shares after hours - humans or machines?
Why is the stock up over 2% in after hours trading?
and WTF, why is the company adding headcount?
first you demoralize all the employees and do it in a cone of silence with no transparency... then you don't actually cut head but add heads... increasing your operating expenses... jeebus you couldn't bankrupt the company any faster then behaving like this...
@abp - Exactly, taking in water from all sides at the tune of more than $2bn/qtr, the ship won't stay afloat for long. PG must be praying for some sort of miracle in the 2nd half.
You might be able to put lipstick on the pig with the non-GAAP results but cash doesn't lie. Intel is burning through billions and billions of $$$.
With financial conditions tightening and cost of capital going up, this company is heading into some deep deep water come 2nd half...
grab your headsets and a cold beverage... the earnings call starts in half hour... the fireworks should be amazing!
Datacenter & AI lost $508 Million... wow, what a disaster.
PG has a lot more housecleaning to do at the ELT level!
OMG, look at this. Headcount went UP! to 125,500.
So, all this spin in the release about cost savings... what in the heck...
Something is seriously wrong with these numbers...
Something is really wrong with your strategy and execution.
Macro economic headwinds can’t explain or be an excuse for Intel’s performance over the last two years.
The failure and lack of transparency is all on Pat, no excuses!
What a disaster and the spin… amazing and astounding delusional lies upon lies.
Does anyone at the rank and file believe this $hit
$2.8 Billion loss (GAAP).
Holy Cr-p!