Intel Reports a $2 Billion Profit During Paul Otellini's Last Full Quarter as CEO

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meloveit

Intel - The Big Name | They really have maximum share in international market. Their revenue of $12.6 billion is day dream for any organization. Hats off to them. We are sure it is going to be rise in future. Good to hear it. Thanks

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wumpus

What this article failed to mention is that Intel profits are down 25%. On the other hand, Microsoft is bringing in the dough. One way to look at that is to say that MS profits means the desktop is doing fine (it certainly wasn't due to surface or winphones). My take is that businesses are finally being forced to dump xp for win7, but are typically not buying new hardware to do it (shouldn't they need a bit more RAM)?

Billions of revenue isn't all that uncommon in large businesses. Intel's massive margins are almost unheard of (Apple has them beat) at those heights.

[Is this going to be deleted once meloveit starts spamming? That looks like an autogenerated comment if I've ever seen one. Oh well, I've posted enough on this thread].

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limitbreaker

I've so far read half way through that book "slingshot" by Hector Ruiz (former CEO of AMD). This book is bringing a lot of things to light for me to say the least. While I take thing with a grain of salt and try to stay neutral, I can't help but feel that Intel did a lot more damage than good in the industry. Some of the things I'm learning about their anti competitive tactics they've used in the past is down right nasty. Unfortunately it seems that being evil is very profitable, 1billion dollars in damages to AMD doesn't begin to cover the gains they've had with their actions.

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wumpus

I've tended to consider Intel the "naughty empire" to Microsoft's (mostly under Gate's, Balmer just can't cut it) evil empire.

What got me was how they destroyed Cyrix (a 1990s third place competitor to Intel and AMD. Cyrix products could do most applications as well as Intel products that easily cost twice as much, but weren't so hot at Quake). Intel kept sueing Cyrix, and Cyrix kept winning. The catch was the Intel's huge pockets could easily cover the lawsuits while Cyrix was paying lawyers $10 for every $1 they could scrape together for an engineer. Eventually designing chips on the cheap just didn't cut it and all that was left of Cyrix was a name Via slapped on some Taurus-designed chips.

The worst part of all this is that it is nominally required by law. Corporations are expected to take action only for the shareholder (but ussually for the CEO and his cronies. I think some of the Intel founders are still alive and keeping the company in line) which leads to the famous psycopathic nature of corporations.

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limitbreaker

That's very interesting, Intel makes Apple's shady strategies look a lot less evil. If only the enthusiast community would boycott them... Instead some of the leading figures are actually biased in favor of Intel even when it doesn't make sense to.

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wumpus

I somehow lost a comment in here.

PCs: $8G
servers: $2.6G
total: $12.6G
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missing? $2G??? Is this mobile or all those money-losing things that Intel bought but haven't yet sold?

I've also seen plenty of remarks that this isn't all that great for Intel (profits are down about 25%). I'd hate to think what that means for AMD (and any competition for Intel outside of their life and death struggle with ARM).

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wumpus

postscript:“I think the best you can say is that at least [AMD] do[es] not appear to be collapsing yet,” Stacy Rasgon, an analyst with Sanford Bernstein, told Ars.

Yay?

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wumpus

Intel has always been a cyclical company (doing great in the booms and surviving the busts), but lately their products' lifespan has stretched out to the length of the business cycle (about 5-7 years) meaning well timed purchases mean *never* buying in recessions and only buying in booms. Fortunately, our pointy-haired overlords have about as good a chance of getting this right as anything else, but it still looks nasty for Intel.

My advice for Intel (especially if profits start looking up): buy some power companies, or maybe any mass beer company that Inbev hasn't taken over yet. Anything that people have to buy in bad times.

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