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.

I think the quote was originally supposed to imply that by Q4 (the end of the year), the quarterly loss target is to have shrunk by $800M. In other words, they expect to have a quarterly loss of $300M, instead of $1.1B, by the end of the year.

That's the way I read it, anyway.

You've assured me that contra-revenue is a small fraction of Intel's quarterly $1.1B loss, certainly no more than ~$150M or so. (Otherwise, that would represent a HUGE per-cpu subsidy, no?) Where exactly is the other $600M+/q coming from?

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

This isn't unreasonable. If we assume by this timeframe that contra-revenue is no longer required, and revenue coming in is "several hundred million" per quarter by the end of 2016, and they reduce costs a bit in R&D, they can begin to approach profitability.

If If If... And only then, at the end of 2016, do they "begin to approach profitability?", in a market they've already bled massively over just to get a foot in the door?

If that makes you happy...

fpg