Q3 results will be abysmal because PC TAM shrunk 3.6% YOY, AND Intel's piece of that now smaller pie shrunk by 5% compared to a year ago due to AMD taking marketshare with Zen. As CCG still represents ~50% of Intel total revenue there will be a significant impact (about 5% decrease in total revenue if you do the math). Don't think the other segments will be able to make up for the loss in revenue (DCG being second largest, but SKX initial revenue was already accounted for in Q2 due to the early ship program, and server market itself is under EPYC assault). All in all, it will be a horrible quarterly report for Intel and Q4 will be no better (we are already off to a bad start with the BK fumbling of Coffee Lake launch).
5 replies (most recent on top)
Lol same trolls predicted Intel’s demise last quarter, and instead we got record revenues.
Crying? Hardly. Never been happier. No legal concerns about shorting the F out of the stock, either.
Enjoy your weekend.
Why the F are you working at Intel then, Or you got fired and crying on sidelines
I still think Q3 results will be OK, but I am very curious how they will spin it. While this back-to-school quarter was down YoY, it was up 67m to 61.1m units QoQ, which will help the bottom line. AMD MSS will really tell an interesting tale, and that seems to be what the Street is thinking right now. Also, Skylake Xeon will still be ramping - early ship helped Q2, but Xeon designs always have a long ramp schedule, and Q3 will benefit. Even Epyc won't make a significant dent here until 2018 due to the long cycles and the coming adoption of 1S systems as a really workable alternative to Skylake.
It's all about the future.
Q3 will be okay, but the future is looking bad, very bad