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I wouldn’t ascribe this quarter’s woes to some grand machinations. Intel’s situation really does seem that bad and they’re years from recovering (if they do)
by georgeburdell 4y ago
I wouldn’t ascribe this quarter’s woes to some grand machinations. Intel’s situation really does seem that bad and they’re years from recovering (if they do)
- gumby 4y agoStandard practice in a turnaround is that if a loss is unavoidable anyway, you might as well make it as bad as possible (i.e. jam future bad news into it). But as you point out I am not privy to Intel's actual practice here and haven't bothered to read the 10-Q.