Seeking Alpha
  • Ashraf Eassa
    $INTC makes more in 1 week than $ARMH makes in 52 weeks. Yet ARMH is ~1/6th of $INTC's market cap. Make sense?
    12/27/12
    Reply (10)
    • Bill Maurer: But INTC scheduled to make 25% less in 2013 than it did in 2011.
      12/27/12
    • Ashraf Eassa: Based on what?
      12/27/12
    • Ashraf Eassa: I see an exciting refresh cycle in all core segments and expansion into new segments (micro-servers, HPC).
      12/27/12
    • Bill Maurer: talking about net income - not counting the share buyback. margins are coming down a bit. even if they gave conservative guidance.
      12/27/12
    • Ashraf Eassa: Margins came down primarily due to excess capacity charges, not due much to ASPs. Don't be so quick to extrapolate a LT net income downtrend
      12/27/12
    • Bill Maurer: Not talking about long term, but the buyback really clouds what is a more than small net income drop over a couple of years.
      12/27/12
    • Ashraf Eassa: Again, you have no real basis to assume the net income will drop so dramatically (or even at all).
      12/27/12
    • Ashraf Eassa: The LT trend for net income has actually been up, especially as data center business has exceptional operating margins & is growing.
      12/27/12
    • Sal Marvasti: Bill is correct, if it was not for buybacks Intel metrics would be dropping. Just saw another pc is dead video on cnn. The best quote
      12/27/12
    • Ashraf Eassa: Uh, if you look at Intel's net income (not EPS, NET INCOME) over the last 5 years, you will see a nice uptrend. 2012 is exception, not rule.
      12/27/12