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Silicon Sales: Intel still ripping you off big time
  • Vitaliy_KiselevVitaliy_Kiselev

    Intel has reported second-quarter 2019 financial results. It generated US$7.6 billion in cash from operations, paid dividends of US$1.4 billion and used US$3 billion to repurchase 67 million shares of stock.

    "Second quarter results exceeded our expectations on both revenues and earnings, as the growth of data and compute-intensive applications are driving customer demand for higher performance products in both our PC-centric and data-centric businesses," said Bob Swan, Intel CEO. "Based on our outperformance in the quarter, we are raising our full-year guidance. Intel's ambitions are as big as ever, our collection of assets is unrivaled, and our transformation continues."

    Intel's second-quarter revenues of US$16.5 billion were US$900 million higher than April guidance. Intel achieved 1% growth in the PC-centric business while data-centric revenues declined 7%.

    Extremely inefficient money making machine for rich (who get all money via stock buybacks directly or via investment funds.

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  • Vitaliy_KiselevVitaliy_Kiselev

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    Notice how big money notebooks CPUs/chipsets are bringing to Intel.

    Yes, they are leaders in it, but margins are also astonishing.

    Chipset margins can be 500-900%, and top mobile CPUs margins can reach 1000%.
    Low end mobile CPUs are still extremely profitable.

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