Intel Corp (INTC)

[flumoxed2012]

Ashraf, I'm an older guy and have been at this since the 1970's. It's obvious. Intel is actually experiencing a perfect storm right now. (1) Ballmer's brilliant Win 8 (2) playing catch-up in tablets and smartphones (3) transition to new leadership that is cleaning out the stables and (4) "THE ECONOMY STUPID" (not a reference to you, but a quote from a former President). The economy is showing subtle weakness...case in point...Fed is talking about easing yet mortgages interest rates are declining. Jobs data still sucks. Smartphone sales are saturating with migration to commodity phones. Christmas sales weren't so rosey. That Intel CAN maintain $52 +- 2 bil/year in this environment is amazing testimony to its robustness. It is clear that the shortafalls in DCG, and other less than progosticated results trace to this general malaise in the economy. And guess what....that's life for an investor.