Is the Intel sell off the typical case of sell first, ask questions later? A simple exercise if projecting the revenue line on the chart below to $12.9 billion (minimum) from the previously projected $13.8 billion (minimum) still puts the companies revenues solidly expanding, as well as the revenue per share.
Tuesday, September 11, 2012
Chip Giant Intel (INTC): The Sky is NOT Falling
Chip giant Intel (INTC) updated its third quarter outlook Friday morning. The firm expects revenue of $12.9-$13.5 billion compared to its previous guidance of $13.8-$14.8 billion and below the consensus estimate of $14.2 billion. Gross margin expectations were reduced to 62% (+/- 1%), from its previous guidance midpoint of 63%. On the positive side, R&D spending will come in at the low-end of the firm's guidance range of $12.1-$12.7 billion.
Is the Intel sell off the typical case of sell first, ask questions later? A simple exercise if projecting the revenue line on the chart below to $12.9 billion (minimum) from the previously projected $13.8 billion (minimum) still puts the companies revenues solidly expanding, as well as the revenue per share.
Is the Intel sell off the typical case of sell first, ask questions later? A simple exercise if projecting the revenue line on the chart below to $12.9 billion (minimum) from the previously projected $13.8 billion (minimum) still puts the companies revenues solidly expanding, as well as the revenue per share.
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