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In spite of a raft of negative commentary and data about PC and hard drive shipments, BlueFin...

  • Friday, July 6, 2012, 5:54 PM ET
    In spite of a raft of negative commentary and data about PC and hard drive shipments, BlueFin Reseearch thinks Intel's (INTC) production rose 4%-5% Q/Q in Q2, which the firm takes as a sign of healthy demand. In addition, production of Intel's 22nm Ivy Bridge CPUs is believed to have risen 22%-25%, and will account for 25% of Q2 shipments. But even if shipments are healthy, there's still the question of customer inventories.
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This news story has 3 comments:

  •  
    I hope BlueFin is right!

    I look forward to Intel's Q2 2012 Corporation Earnings Conference 7/17
    http://bit.ly/NJYyI8
    6 Jul 2012, 08:04 PM Reply Like
  •  
    I bought INTC when it was high, and it has steadily dropped now more than $3 a share; but you guys keep telling me it's going to get better, so I'm keeping it. I believe you, but when do you think it will come back to $29.00 ?

    decatt
    7 Jul 2012, 04:33 PM Reply Like
  •  
    I plan to hang on to INTC for the long term, but I personally expect over the next 6-12 months to see substantial chip shipment increases. Microsoft Surface tablet [new PRO version--which would be what my company wants to order] is to use new Ivy Bridge--which would explain the increase in production/probably new orders even now. My company [which sets up Big Data server installations for Fortune 500 customers] is currently testing the new Romley server chip for our new servers--probably testing takes awhile, but I imagine all technology folks will be shipping by the Fourth Quarter heavily to make their year-end numbers and customer orders. My company is also mix Linux/Windows...but we haven't upgraded Windows XP yet. My guess--we go to Win8 directly...again, shipments to fill orders like my company's--for machines and the new OS [servers, desktops, laptops, phones, tablets]--will start in 4Q and go through the next year. We need the productivity of the faster, less-energy-intensive new CPUs. Plus, MSFT is lowballing the price to upgrade to Win8, so I expect lots of customers, like my company, to take advantage of the deal and order new INTC-machines and Win8 OS. Flap over Metro interface is a non-issue in enterprise. Ignore it. Current "old" machines/CPUs can't hack the more sophisticated software in Big Data-land, so we have to upgrade to the fastest and the best. That spells INTC. I have been long INTC since last summer.

    BTW--DELL and HP supply many of our desktops. If you haven't noticed, both HP and DELL have been having fire sales out the wahzoo to try to get rid of their inventory. [That may also be true of their servers, too.] These fire sales have been going on since March 2012. Hint, hint. I am also long DELL.
    8 Jul 2012, 02:56 PM Reply Like
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