Replies to post #137799 on Intel Corp (INTC)

[techno_bull]

it's very odd. no real (public) news except the microsoft watch thing which has no intel inside so market may not like that. but my guess is there is some bad news that may have leaked. a late rally back to around $33 would make me think all is ok.

[ibc]

The 10Q was released
http://quote.morningstar.com/stock-filing/Quarterly-Report/2014/9/27/t.aspx?t=XNAS:INTC&ft=10-Q&d=abd1485f12880ace672f06957c55566a

Net revenue for MCG operating segment decreased by $352 million, or 100%, in Q3 2014 compared to Q3 2013. This decrease was primarily due to higher cash consideration to our customers associated with integrating our tablet and phone platforms. Additionally, lower MCG phone components unit sales contributed to the decrease. These decreases were partially offset by higher tablet platform unit sales.

Operating loss for the MCG operating segment increased by $233 million, or 29%, in Q3 2014 compared to Q3 2013 with $339 million in lower gross margin partially offset by $106 million of lower operating expenses. The operating loss increased primarily due to higher cash consideration provided to customers and lower phone components revenue.