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Piper's Gus Richard has cut his Q1 and 2013 estimates for Intel (INTC) below consensus today,...

Piper's Gus Richard has cut his Q1 and 2013 estimates for Intel (INTC) below consensus today, citing (what else?) weak PC sales. Having already digested plenty of bad industry data, the Street took the cuts in stride. One silver lining: Richard thinks servers are "having a seasonally strong quarter," and that the resulting benefit to mix will help Intel hit its Q1 gross margin guidance midpoint of 58% in spite of low factory utilization.
Comments (6)
  • Ashraf Eassa
    , contributor
    Comments (8821) | Send Message
     
    What else is new...we get it, Intel sucks, they're going bankrupt, short to $0.
    19 Mar 2013, 07:23 PM Reply Like
  • Rose_Colored_Glasses
    , contributor
    Comments (908) | Send Message
     
    Luv your stuff Ashraf - but INTC is not a victim in these scenarios. It is their responsibility to unlock the value in this behemoth and create and execute the vision to get there. They have the resources to make it happen, and just haven't gotten it done.
    19 Mar 2013, 07:43 PM Reply Like
  • Ashraf Eassa
    , contributor
    Comments (8821) | Send Message
     
    Thanks Rose_Colored_Glasses, but Intel is actually executing quite well. It just takes time.
    19 Mar 2013, 08:17 PM Reply Like
  • RWMostow
    , contributor
    Comments (1325) | Send Message
     
    Ashraf-

     

    The predicted market pull-back will be the time to back up the truck.

     

    Long Intel.

     

    Best wishes,

     

    -rwm
    19 Mar 2013, 08:32 PM Reply Like
  • StandupWall
    , contributor
    Comments (371) | Send Message
     
    Long Intel!
    19 Mar 2013, 07:33 PM Reply Like
  • Dimitry D
    , contributor
    Comments (2) | Send Message
     
    Long Intel!!!! :-)))))
    19 Mar 2013, 10:50 PM Reply Like
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