3 ms·
Honestly, it seems like the same thing that ended up losing them the iPhone back in the 00s. Even if profits might not have been as high as they might have like
by Sakos 2y ago
Honestly, it seems like the same thing that ended up losing them the iPhone back in the 00s. Even if profits might not have been as high as they might have liked, they absolutely needed this regardless to ensure enough used capacity on their foundry division by a third party and to gain experience in working with a customer like this. It would've also potentially secured further wins down the line with Microsoft or eventually the PS7.
Seems awfully short-sighted of Intel when they can least afford it.
- setgree 2y agoI once worked at a FinTech company that spent a lot of time and money worrying about a potential deal with a marquee client. An FP&A report showed that we might lose money at first. We ended up making money from the get-go, but more importantly, no one ever asked;, wait, aren't the main benefits here reputational and don't they exceed the short-term costs and benefits by at least an order of magnitude? From the outside, it looks like Intel had the same problem. But I don't think we really know what happened here.