Friday, January 16, 2009
TIC - TOC: Intel Q4 profit tumbles 90 percent
Intel Corp. on Thursday reported fourth-quarter net income of $234 million, or 4 cents a share, down 90 percent from the year-ago quarter's earnings of $2.27 billion, or 38 cents a share.
The company said microprocessor and chipset units were "significantly lower" versus the third quarter. "The pace at which the economic environment unraveled and the extent to which PC purchases were affected was faster than anticipated."
Microsoft said in its last quarterly earnings call that it expected PC shipments to grow between 10 and 12 percent during the quarter.
BAD HARDWARE question: How will $234M overall profit boost investments in future 32nm fabs, worth $ Billions.
Should we in future expect from Intel, instead of TIC TOC pace only TIC, TIC,TIC ?
The company said microprocessor and chipset units were "significantly lower" versus the third quarter. "The pace at which the economic environment unraveled and the extent to which PC purchases were affected was faster than anticipated."
Microsoft said in its last quarterly earnings call that it expected PC shipments to grow between 10 and 12 percent during the quarter.
BAD HARDWARE question: How will $234M overall profit boost investments in future 32nm fabs, worth $ Billions.
Should we in future expect from Intel, instead of TIC TOC pace only TIC, TIC,TIC ?
THIS LINK posted by Joseph Bell : 11:31 AM
