Intel Corp (INTC)

[walbert]

What's does? Misleading statements?

Cash & Cash equivalents were $5.674b in their 4Q report, down from $8.478b in 2012.

Perhaps they meant non-GAAP or some other kind of cash...

Once again for the slow learners, short-term investments are normally included as a cash equivalent as they are highly liquid and can be readily converted to cash. Only corporations without a brain would let cash sit idle when it could be generating interest.

So, no - Stacy's comments weren't misleading but yours are.

I can understand that your financial/accounting skills may not be extensive but by the third time you are made aware of the short-term investment concept, one would think it might sink in.

The facts are the facts. Intel has a huge pile of cash and can easily afford its R&D, CapEx, dividends and stock buy-backs. TSMC is struggling with all of these and once again (for 2013 based on Q4 numbers), their dividends exceeded their free cash flow.