Sunday, September 14, 2014 2:05:21 PM
2015 guidance next month? I doubt it. More likely January 2015. Last year 2014 guidance was given in January, 2014 at "approximately flat". Last quarter guidance for 2015 was raised to,"growth of approximately 5 percent". Intel guidance has historically been conservative. I don't believe that will change. However next month should hopefully provide some interesting insights especially with regard to contra revenue. I have to admit that I am somewhat perplexed about that but Intel is committed to the tablet market. According to IDC's last forecast there will be 233.1 million tablets sold this year.
Intel CEO said this during the Citi 2014 Global Technology Conference Sep. 3, 2014 in response to the following question regarding the $1 billion per quarter loss:
"But how long, in your mind, can you let that go at that rate before having to change that?
His answer was as follows:
"So, we think we can dramatically reduce some next year as we go into ’16. We think they can be either very small or zero. So that’s kind of my view of how long it should last but it shouldn’t be $1 billion a quarter as we go through next year though."
I guess we will have to wait and see. Whatever you are set on for next year then that is your priviledge. Good luck to you!
http://seekingalpha.com/article/2468475-intels-intc-ceo-brian-krzanich-presents-at-citi-2014-global-technology-conference-transcript
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