Replies to post #141415 on Intel Corp (INTC)

[joseph pareti]

good stuff but I still regret not having dumped intc at $37 end of last year, we'll not see that again

[ibc]

Revenue of $13.2 billion consistent with outlook, gross margin of 62.5%, slightly better than outlook

Q2 results
Client Computing Group revenue of $7.5 billion, up 2 percent sequentially and down 14 percent year-over-year
Data Center Group revenue of $3.9 billion, up 5 percent sequentially and up 10 percent year-over-year
Internet of Things Group revenue of $559 million, up 5 percent sequentially and up 4 percent year-over-year
Software and services operating segments revenue of $534 million, flat sequentially and down 3 percent year-over-year

Full-Year 2015
Revenue: down approximately one percent.
Gross margin percentage: 61.5 percent, plus or minus a couple of percentage points
Full-year capital spending: $7.7 billion, plus or minus $500 million.

Brian Krzanich

“growth in data center, memory and [Internet of Things] accounted for more than 70% of our operating profit and helped offset a challenging PC market.”

I think he'd be happier with less than 70% if PCs weren't so horrible :)
Overall, not bad given the expectations of -2% down revenue for the year.
The $1B reduction in capex is also interesting...
Now that mobile is folded into CCG, it's hard to get a read on how well that business is improving (or not improving).
I'll listen to the call later tonight to get more commentary on Skylake, 10nm etc.