Intel Corp (INTC)

[fastpathguru]

Intel also sees good progress in reducing mobile losses by $800m this year. Key drivers being smaller BOM differential in Sofia LTE and lowered investments in mobile due to partnerships with Rockchip and Spreadtrum.

That's still represents a loss of $3.6B, as Intel is losing $1.1B/q currently.

Any gains SoFIA makes will be muted for Intel by the fact that they only take a slice of the already cheap, low-end processor. TSMC and Rockchip will take their cuts too. And I have to wonder what Intel "has to do" to get and keep Rockchip interested in a product line that Intel will kill dead in 2016... Subsidies being shuffled out of mobile and into "strategic investments" perhaps?

We believe that by the end of 2016 Intel’s tablet processor revenues could have grown to several hundred million dollars per quarter, from being negative in the December 2014 quarter.

Several hundred million in REVS by the END of 2016? And this is TABLETS.

fpg