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(Yahoo)   Intel misses Wall Street expectations, thanks to the slowdown in computer sales. And it doesn't look like it's getting better anytime soon   (finance.yahoo.com) divider line
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    More: Sad, Qualcomm, Intel, Business, Report, Advanced Micro Devices, Nvidia, Shares of Intel, Manufacturing  
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216 clicks; posted to Business » on 27 Jan 2023 at 6:05 AM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



27 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
sinner4ever
2023-01-26 9:46:13 PM  
Oh no! The company that inflated stock prices through stock buybacks for years and then suckering the American voter into subsidizing them with the Chips act is having trouble

I wonder if this means we have to give them more money.
 
NewportBarGuy [TotalFark] [OhFark]
2023-01-26 9:48:29 PM  
They didn't just miss... they bombed badddddddd

I have no idea what they are doing, but they are getting their asses handed to them.
 
nemobeamo
2023-01-27 6:16:28 AM  
Does intel have a chip with the performance / watt of the Apple M2 series yet?
 
H31N0US
2023-01-27 6:28:08 AM  

nemobeamo: Does intel have a chip with the performance / watt of the Apple M2 series yet?


I don't think they've invested in it at all. Intel is kind of reminding me of mid 80s American car companies.
 
neaorin
2023-01-27 7:09:41 AM  
Should have seen this coming when Microsoft reported a 19 percent revenue drop in their Windows division.

But they seem to be losing the datacenter too, and that is a little surprising.
 
neaorin
2023-01-27 7:32:59 AM  

nemobeamo: Does intel have a chip with the performance / watt of the Apple M2 series yet?


Nope. The best chip they have out there right now trades blows with the M1 Ultra but uses 2.7 times more power.
 
phoenixdan
2023-01-27 7:59:57 AM  
Will Wall Street survive this terrible news?
 
Northern
2023-01-27 8:18:48 AM  

sinner4ever: Oh no! The company that inflated stock prices through stock buybacks for years and then suckering the American voter into subsidizing them with the Chips act is having trouble

I wonder if this means we have to give them more money.


Intel is the Sears of the chip world.  Older folks remember the Pentium golden years of the 1990s.  Time for the government to insist they hire Eddy Lampert as CEO to receive any further assistance.
 
nemobeamo
2023-01-27 9:11:40 AM  

Northern: sinner4ever: Oh no! The company that inflated stock prices through stock buybacks for years and then suckering the American voter into subsidizing them with the Chips act is having trouble

I wonder if this means we have to give them more money.

Intel is the Sears of the chip world.  Older folks remember the Pentium golden years of the 1990s.  Time for the government to insist they hire Eddy Lampert as CEO to receive any further assistance.


My first intel computer was an IBM PS/2 Model 80. I've been an intel chip user up until 1 year back when I got my M1 MacBook Pro. I haven't touched my I9 gaming PC ever since.
 
fragMasterFlash [TotalFark] [OhFark]
2023-01-27 9:36:11 AM  
Chipzilla is quite late to the chiplet era. Give them a couple years to get that worked out and then they might finally have something up their sleeves better than 20% faster clocks for 200% increased power consumption parlor tricks.
 
trialpha
2023-01-27 10:33:58 AM  

sinner4ever: Oh no! The company that inflated stock prices through stock buybacks for years and then suckering the American voter into subsidizing them with the Chips act is having trouble


America doesn't have to subsidize semiconductor production in America; it's perfectly capable of relying entirely on Taiwan. Until China invades, that is.

nemobeamo: Does intel have a chip with the performance / watt of the Apple M2 series yet?


Does Apple have a chip that can be purchased outside of the Apple ecosystem yet?
 
NewWorldDan
2023-01-27 10:50:32 AM  

sinner4ever: Oh no! The company that inflated stock prices through stock buybacks for years and then suckering the American voter into subsidizing them with the Chips act is having trouble

I wonder if this means we have to give them more money.


The purpose of a stock buyback isn't to inflate the stock price. It raises the stock price letting shareholders take profits in the form of the more tax efficient capital gains instead of dividends. It's just tax avoidance.  If capital gains were treated as ordinary income, you'd almost never see buybacks; there'd be no reason for them.
 
HempHead
2023-01-27 11:08:53 AM  

trialpha: sinner4ever: Oh no! The company that inflated stock prices through stock buybacks for years and then suckering the American voter into subsidizing them with the Chips act is having trouble

America doesn't have to subsidize semiconductor production in America; it's perfectly capable of relying entirely on Taiwan. Until China invades, that is.

nemobeamo: Does intel have a chip with the performance / watt of the Apple M2 series yet?

Does Apple have a chip that can be purchased outside of the Apple ecosystem yet?


Nobody buys chips.  Back in the 1980's they did. Now a days everyone buys phones and laptops.
 
trialpha
2023-01-27 11:27:37 AM  

HempHead: Nobody buys chips. Back in the 1980's they did. Now a days everyone buys phones and laptops.


Fine, I'll reword. Does Apple have a chip that exists outside of the Apple ecosystem yet?
 
LordJiro [OhFark]
2023-01-27 11:37:40 AM  
Man, why are all these stocks that rely on people buying stuff for themselves keep 'missing expectations'? It truly is a mystery.

Anyway, I'll think about that after I finish debating which limbs and/or organs I can sell to help me afford rent.
 
PvtStash
2023-01-27 12:14:07 PM  
did people figure out you don't need a 5ghz 10 core CPU to surf web and open word docs?
 
OptionC [TotalFark]
2023-01-27 12:34:25 PM  

HempHead: Nobody buys chips.  Back in the 1980's they did. Now a days everyone buys phones and laptops.


And where do the phone and laptop makers get their chips?
 
OptionC [TotalFark]
2023-01-27 12:38:37 PM  

trialpha: HempHead: Nobody buys chips. Back in the 1980's they did. Now a days everyone buys phones and laptops.

Fine, I'll reword. Does Apple have a chip that exists outside of the Apple ecosystem yet?


The answer is no, which is why Apple isn't really a competitor to other chipmakers in any meaningful way.  It sucks for Qualcomm being iced out of a large chunk of the mobile market but Apple isn't a big enough player in laptops (to say nothing of desktop, workstation and datacenter) to really move the needle much for Intel and AMD.
 
HempHead
2023-01-27 1:03:24 PM  

OptionC: trialpha: HempHead: Nobody buys chips. Back in the 1980's they did. Now a days everyone buys phones and laptops.

Fine, I'll reword. Does Apple have a chip that exists outside of the Apple ecosystem yet?

The answer is no, which is why Apple isn't really a competitor to other chipmakers in any meaningful way.  It sucks for Qualcomm being iced out of a large chunk of the mobile market but Apple isn't a big enough player in laptops (to say nothing of desktop, workstation and datacenter) to really move the needle much for Intel and AMD.


Mobile is the future. Intel sealed their fate when they turned down Job's request to make chips for his new iPhone.  Even Microsoft is slowly moving away from Intel.
 
OptionC [TotalFark]
2023-01-27 1:22:22 PM  

HempHead: OptionC: trialpha: HempHead: Nobody buys chips. Back in the 1980's they did. Now a days everyone buys phones and laptops.

Fine, I'll reword. Does Apple have a chip that exists outside of the Apple ecosystem yet?

The answer is no, which is why Apple isn't really a competitor to other chipmakers in any meaningful way.  It sucks for Qualcomm being iced out of a large chunk of the mobile market but Apple isn't a big enough player in laptops (to say nothing of desktop, workstation and datacenter) to really move the needle much for Intel and AMD.

Mobile is the future. Intel sealed their fate when they turned down Job's request to make chips for his new iPhone.  Even Microsoft is slowly moving away from Intel.


Apple was always going to make their own chips.  Intel just saved themselves from getting head-faked the way Qualcomm did.  Being an Apple supplier is miserable business.

In the future, I'm not sure client side processing is going to matter much at all.
 
trialpha
2023-01-27 1:36:55 PM  

OptionC: The answer is no, which is why Apple isn't really a competitor to other chipmakers in any meaningful way. It sucks for Qualcomm being iced out of a large chunk of the mobile market but Apple isn't a big enough player in laptops (to say nothing of desktop, workstation and datacenter) to really move the needle much for Intel and AMD.


And yet people (like the original poster) keep comparing the M2 to Intel/AMD chips.

HempHead: Mobile is the future. Intel sealed their fate when they turned down Job's request to make chips for his new iPhone. Even Microsoft is slowly moving away from Intel.


Yes, yes... and tablets will replace laptops and desktops any day now.
 
Boomstickz
2023-01-27 3:46:50 PM  

OptionC: HempHead: OptionC: trialpha: HempHead: Nobody buys chips. Back in the 1980's they did. Now a days everyone buys phones and laptops.

Fine, I'll reword. Does Apple have a chip that exists outside of the Apple ecosystem yet?

The answer is no, which is why Apple isn't really a competitor to other chipmakers in any meaningful way.  It sucks for Qualcomm being iced out of a large chunk of the mobile market but Apple isn't a big enough player in laptops (to say nothing of desktop, workstation and datacenter) to really move the needle much for Intel and AMD.

Mobile is the future. Intel sealed their fate when they turned down Job's request to make chips for his new iPhone.  Even Microsoft is slowly moving away from Intel.

Apple was always going to make their own chips.  Intel just saved themselves from getting head-faked the way Qualcomm did.  Being an Apple supplier is miserable business.

In the future, I'm not sure client side processing is going to matter much at all.


Sadly I think server side is the future:

We've looped all the way back round to glorified X terminals with a better frame buffer.
 
Boomstickz
2023-01-27 3:48:04 PM  

trialpha: OptionC: The answer is no, which is why Apple isn't really a competitor to other chipmakers in any meaningful way. It sucks for Qualcomm being iced out of a large chunk of the mobile market but Apple isn't a big enough player in laptops (to say nothing of desktop, workstation and datacenter) to really move the needle much for Intel and AMD.

And yet people (like the original poster) keep comparing the M2 to Intel/AMD chips.


Hey my 6x86 M2 kicked arse....
 
HempHead
2023-01-27 6:30:29 PM  

trialpha: OptionC: The answer is no, which is why Apple isn't really a competitor to other chipmakers in any meaningful way. It sucks for Qualcomm being iced out of a large chunk of the mobile market but Apple isn't a big enough player in laptops (to say nothing of desktop, workstation and datacenter) to really move the needle much for Intel and AMD.

And yet people (like the original poster) keep comparing the M2 to Intel/AMD chips.

HempHead: Mobile is the future. Intel sealed their fate when they turned down Job's request to make chips for his new iPhone. Even Microsoft is slowly moving away from Intel.

Yes, yes... and tablets will replace laptops and desktops any day now.


Phones have replaced laptops and desktops outside of the business and school environments.
 
trialpha
2023-01-27 6:39:59 PM  

HempHead: Phones have replaced laptops and desktops outside of the business and school environments.


Phones are only useful for applications that require simple user inputs where a touch interface can be used. For anything that requires a non-tiny amount of typing, any semblance of fine control, etc. they're completely useless.

Theoretically you could hook up a phone to a proper keyboard/mouse and monitor setup, but at that point you've just created a poor mans laptop.
 
joe714
2023-01-27 9:43:52 PM  

NewWorldDan: sinner4ever: Oh no! The company that inflated stock prices through stock buybacks for years and then suckering the American voter into subsidizing them with the Chips act is having trouble

I wonder if this means we have to give them more money.

The purpose of a stock buyback isn't to inflate the stock price. It raises the stock price letting shareholders take profits in the form of the more tax efficient capital gains instead of dividends. It's just tax avoidance.  If capital gains were treated as ordinary income, you'd almost never see buybacks; there'd be no reason for them.


Corporate dividends are taxed at the long-term capital gains rate as long as you've held it for 60 days around the dividend date. You have to hold it longer (1 year) to get the long-term capital gains rate if you sell.
 
NewWorldDan
2023-01-27 11:14:03 PM  

joe714: NewWorldDan: sinner4ever: Oh no! The company that inflated stock prices through stock buybacks for years and then suckering the American voter into subsidizing them with the Chips act is having trouble

I wonder if this means we have to give them more money.

The purpose of a stock buyback isn't to inflate the stock price. It raises the stock price letting shareholders take profits in the form of the more tax efficient capital gains instead of dividends. It's just tax avoidance.  If capital gains were treated as ordinary income, you'd almost never see buybacks; there'd be no reason for them.

Corporate dividends are taxed at the long-term capital gains rate as long as you've held it for 60 days around the dividend date. You have to hold it longer (1 year) to get the long-term capital gains rate if you sell.


Huh. Thank you for the correction. It appears that my statement has been somewhat incorrect since 2003. It is still a tax deferment in that it pumps up the value of the stock. The capital gains rate would apply either way, but with the buyback that taxation event is deferred until the stock is actually sold.
 
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