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The devil is in the details, just looking at revenue won't reveal the full picture. - DCAI, revenue down 16%, operating income down 90% - NEX, revenue up 11%,
by oumua_don17 4y ago
The devil is in the details, just looking at revenue won't reveal the full picture.
- DCAI, revenue down 16%, operating income down 90%
- NEX, revenue up 11%, operating income down 60%
- AXG and IFS are operating loss
- Only mobile has rev and op income up
And the CEO has clearly mentioned next quarter will be even worse and then they expect things to improve; not sure about the improve part though. CFO clearly mentions restructuring charges in Q3. Add all of this up and it tells a different story.
- nabla9 4y agoMarket cap reflects those values. My point is that Intel is huge company. It's going down fast, but it has still time to correct.