Intel reported fourth
quarter sales of $13.5 billion, flat compared with the previous quarter
and down 1 percent from the year ago quarter. The company reported a net
income for the quarter of $2.5 billion, or 48 cents per share, down 22
percent from the previous quarter and down 14 percent compared to the
fourth quarter of 2012.
On a pro forma basis, excluding charges,
Intel reported a fourth quarter net income of $2.6 billion, or 51 cents
per share. Pro forma earnings per share came up short of analysts'
estimate of 64 cents per share, according to Yahoo Finance.
the full year 2012, Intel reported sales of $53.3 billion, down 1
percent from 2011. The company reported a net income for the year of $11
billion, or $2.13 per share, down 15 percent from 2011.
first quarter of 2013, Intel said it expects sales to be between $12.2
billion and $13.2 billion down 7 to 9 percent from the fourth quarter of
2012, in line with analysts' expectations, according to Yahoo Finance.
all of 2013, Intel expects revenue to increase over 2012 by a low
single-digit percentage. The company said it expects to spend $12.5
billion and $13.5 billion on capital spending.
One of the really nice things about tablets is that they address two markets that have never been very well covered by traditional PCs and laptops. It's the light-weight users; people who primarily consume media. If all a user does is watch movies, browse the Internet and email/Twitter/Facebook people, a traditional PC/laptop is way overpowered and far too complex.
The second market is as a low-cost second PC. The traditional big PC/laptop can be used for heavy lifting while the tablet can be the more casual, truly portable and easy to use device for less taxing uses.
I look at it as a pick-up truck or SUV (desktop PC) or high-end sports car (laptop) vs. an inexpensive economy car (tablet). To a small extent, all three do compete with each other, but only at the common denominator level. They all can move people around, but are optimized for specific purposes.
The PC/Laptop/Tablet world is the same. Thee only reason everyone had a big computer a few years ago was because tablets didn't exist. Those folks were never really full-size PC customers.
Intel will retain it's high percentage of chip sets in PCs and will start to make inroads into mobile (phones and tablets). I also think that as prices come down on ultra books and non ultra book, but still fast and light laptops, PC growth will expand somewhat this year. So yes I can see some growth ahead for Intel.
it would need a guy outside of intel's circle and culture to start shifting the gears in the company, it takes guts and perseverance. my 2 cents, would be to drop the giant ego and start working with smaller companies where real innovation happens, after all necessity is the mother of invention.
Intel is now getting a net margin of 20 % but TSMC is up there with 32 %. How is a Foundry able to maintain so much higher margin compared to the leading IDM in the world ? Can't be all due to Intel's higher manpower & R&D costs
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