Intel Corp (INTC)

[herb will]

“ Furthermore, year over year growth was atrocious with PSG down 14%.”

This may be related more to the economic conditions worldwide and not tablet intrusion.
But you could be right, we have to wait and see what happens when the dust settles.
Intel quiet period begins December 14th so hopefully there is no revision downward. Intel should come in with a net of $2.6 billion barring a further revision downward. Not bad at all.

But what is really striking about the tablet craze is the stampede toward the no profit low end. Apple barely breaking even on $500 iPads. Nexus 7 sold at cost? Who is making money selling tablets? HP is in no rush to enter the consumer tablet market and remember junked their previous entry. They are currently coming out with an enterprise version that will mesh with their own business initiatives.

“Ironically, the fire sale that followed helped them take second place behind Apple in the tablet market, albeit at a heavy price.”http://www.europeanceo.com/profiles/2012/10/meg-whitman/


What is very curious from an investment point of view is that Apple guidance for their fiscal 1Q13 calls for revenues of $52 million, gross margins at 36% and a net per share of $11.75. The year ago quarter was $46 million revenues and the share net was $13.87.

The thought occurs to me that with the hype about all the red meat pc market laying around, why are the dogs eating the dogs?

http://www.businessinsider.com/how-much-does-it-cost-to-build-the-ipad-2-2011-3#ixzz2D3sPnZpX

http://www.theverge.com/2012/10/25/3555664/apple-ipad-mini-margin-is-significantly-below-corporate-average

http://www.worldofapple.com/archives/2012/10/25/apple-announces-q412-revenue-of-36-billion/

http://www.apple.com/pr/library/2012/01/24Apple-Reports-First-Quarter-Results.html