Intel Corp (INTC)

[VeeCee]

Here is one analyst who thinks Intel should give up on its mobile strategy. Majority here thinks otherwise.
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8:05 EDT - JPMorgan thinks Intel (INTC) should shut down its money-losing mobile chip business, which the firm figures could "unlock roughly $0.50 of EPS in 2015." JPM says INTC "has failed to generate material revenue or EPS from its mobile division due to the inherent disadvantages of its x86 CPUs versus ARM and low profitability of tablet/smartphone processors," and notes the mobile and communications group had a $3.1B operating loss in 2013. "Even if Intel were to gain 25% of the tablet and smartphone processor market over the next three years, we estimate it would contribute $2.8 billion (5%) revenues, but result in a loss of roughly $0.18 [cents/share]." ([e-mail]; @jhcshipman)