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I agree that they will probably turn it around, but their annual operating expenses are about $20 billion. $23 billion in reserves is not much runway with that
by dev_tty01 5y ago
I agree that they will probably turn it around, but their annual operating expenses are about $20 billion. $23 billion in reserves is not much runway with that burn rate if sales continue to drop. They've got a tough task ahead to get back on a substantial growth curve.
- ac29 5y ago> if sales continue to drop Intel's sales have increased every one of the past 4 years (which is all the data this site shows): https://www.marketwatch.com/investing/stock/intc/financials/income https://www.marketwatch.com/investing/stock/intc/financials/...
- gumby 5y agoYes but look at the segment breakdown: https://www.intc.com/news-events/press-releases/detail/1439/intel-reports-fourth-quarter-and-full-year-2020-financial https://www.intc.com/news-events/press-releases/detail/1439/...
- ac29 5y agoQ42020 wasnt great, but for the year only two of their segments were down in revenue, the IOT group and the PSG group (looks like FPGA type stuff). Those were also two of the three smallest groups. I dont think Intel is necessarily going to have an easy next few years, but they are still a massive company who is growing every year.