Yuck. Revenue down 32% and again they lost money.
CCG revenue down 36%, DCG down 33%... that in Q4 compared to previous year.
Q1 Guidance is even worse... revenue down 40% YoY.
While I fully agree with you, this would be such a shame. I am convinced that Pat is the best CEO they were having for decades. That guy breathes Intel. I am sure he would give his life to make them competitive again on a technical level while seeing shareholder value only as some form of necessary evil.[...] Gelsinger better hope that happens or else I think his seat is going to get very hot, very quickly.
View attachment 75388
Intel should probably focus on getting into the data center market more than gaming. The margins are higher and they can give their driver team time to smooth out the software side of things while they refine their hardware designs.
DIY markets are actually pretty small compared to above mentioned market.
I am convinced that Pat is the best CEO they were having for decades. That guy breathes Intel.
Intel is shipping way more CPUs than it should in order to squeeze its rivals amid falling demand. In a report, Bernstein Research states that Intel has indulged in semi-destructive behavior to sideline AMD in the client segment. Team Blue is maxing out its production capacity to flood the market with excessive inventory at aggressive prices to keep its archrival from growing further.
This risky strategy is sure to hurt Intel as well, most notably its margins, but that’s less of a concern now. The fact that the PC market is at its weakest this quarter further exacerbates the issue. Distributors and retailers are already cutting demand to keep profits in the green. Microsoft posted a drop of thirty-something percent in its Windows OEM profits last quarter.
————— —— —————-
Intel stock is holding up pretty well given the terrible numbers, only down 5% or so! I might double down but will wait till 2nd quarter results come out to buy more!
Intel is shipping way more CPUs than it should .... Team Blue is maxing out its production capacity to flood the market with excessive inventory at aggressive prices
Maybe a correlative reading about the Q4 results
Intel is Overshipping its CPUs to Reduce Demand for AMD Ryzen Amid a Shrinking PC Market [Analyst] | Hardware Times
Intel is shipping way more CPUs than it should in order to squeeze its rivals amid falling demand. In a report, Bernstein Research states that Intel has indulged in semi-destructive behavior to sideline AMD in the client segment. Team Blue is maxing out its production capacity to flood the...www.hardwaretimes.com
It's called a distribution channel , not many companies buy direct from Intel. My company is 400k employee technology company and we don't......What is this "overshipping" nonsense? Retailers stock products according to their stocking strategy, they buy what they need and want. Nobody is going to dump a truckload of CPUs in the middle of their retail store against their will.
What is this "overshipping" nonsense? Retailers stock products according to their stocking strategy, they buy what they need and want. Nobody is going to dump a truckload of CPUs in the middle of their retail store against their will.
Shipping way more CPUs than they should
flood the market with excessive inventory
These are the dumbest statements ever. If they were really published is some seriously meant analysis, the analyst who wrote this should be sacked immediatelly.
The FTC settlement applies to Central Processing Units, Graphics Processing Units and chipsets and prohibits Intel from using threats, bundled prices, or other offers to exclude or hamper competition or otherwise unreasonably inhibit the sale of competitive CPUs or GPUs. The settlement also prohibits Intel from deceiving computer manufacturers about the performance of non-Intel CPUs or GPUs
They made better products the last 2 years for desktop, but DIY market is hard to turn.It should be noted that Intel now makes highly competitive CPUs for desktop, I would argue that in low to midrange tears Intel desktop CPUs are better with better performance to price ratio than AMD products.
Didnt they win the case though? I remeber something about it last yearThere is precedent.
In fact, the FTC (in addition to Korean, Japanese, and EU equivalents) took action against Intel in the past specifically for anticompetitive practices. Including threatening customers to exclude competitors' products.
But hey, don't take my word for it, here's the FTC press release about it in 2010:
December 2009:
U.S. Federal Trade Commission files antitrust lawsuit against Intel, alleging that Intel has waged a "systematic campaign" to cut off rivals' access to the marketplace and prevent adoption of superior products produced by competitors. (emphasis added)
"Intel has engaged in a deliberate campaign to hamstring competitive threats to its monopoly," Richard Feinstein, director of the FTC's Bureau of Competition, said in a statement. "It's been running roughshod over the principles of fair play and the laws protecting competition on the merits. The commission's action today seeks to remedy the damage that Intel has done to competition, innovation, and, ultimately, the American consumer."
Granted, in 2010 with the launch of the Core architecture Intel CPUs were the ones to get and AMD couldn't execute so their market share basically became negligible until 2016 with the launch of Zen.
Quantity of lower priced product crashed. At the same time high priced product, that usually have by far the highest possible margin, had to be reduced in price to stay competitive while production cost increased. The result is more products residing in the mid price range and a higher ASP, but lower margin.1. Intel mentioned twice they now have higher ASP, but in the same time they mentioned that Xeon pricing was impacted by the competitors products, i am not sure how to make sense of that, maybe they sell at higher prices than Intel's own prior products, but not as high as they could have charged if not for AMD
No, they were not as good a product, thats why AMD was selling better... DuhhhThey made better products the last 2 years for desktop, but DIY market is hard to turn.
Sure buddy, sure. ALD >>> Zen 3, by a mile.No, they were not as good a product, thats why AMD was selling better... Duhhh
Yup, the FTC basically just slapped intel for being too successful without having the proof for them doing anything illegal.Didnt they win the case though? I remeber something about it last year
It had failed to show “to the requisite legal standard” that the contested rebates posed an anti-competitive risk.
So whats the point of bringing that up? I know you didnt, but whoever did.Yup, the FTC basically just slapped intel for being too successful without having the proof for them doing anything illegal.
Intel Wins Appeal of Billion-Dollar EU Fine for Antitrust Actions Against AMD
EU court rules chip rebates not anticompetitivewww.tomshardware.com
If your only performance metric is performance in games, then yes sure.Sure buddy, sure. ALD >>> Zen 3, by a mile.
Sure buddy, sure. ALD >>> Zen 3, by a mile.*
No sympathy needed.I have zero smpathy for Intel.
| (In Millions, Except Par Value; Unaudited) | Dec 31, 2022 | Dec 25, 2021 |
| Property, plant and equipment, net | 80,860 | 63,245 |
| Retained earnings | 70,405 | 68,265 |
Because "intel is evil" and some people feel like they have to warn people about it at every possible opportunity.So whats the point of bringing that up? I know you didnt, but whoever did.