INTC pre-announced this quarter’s results below expectations

Diffusion

Shares of Intel (INTC) are down 95 cents, or 3.8%, at $24.14 after the company this morning pre-announced this quarter’s results would come in below prior expectations, citing difficult global economic conditions. The company cut its forecast for the quarter to a range of $12.9 billion to $13.5 billion, below its prior range of $13.8 billion to $14.8 billion. It stripped away its revenue growth forecast for the year of 3% to 5% as well.

The company said, “Relative to the prior forecast, the company is seeing customers reducing inventory in the supply chain versus the normal growth in third-quarter inventory; softness in the enterprise PC market segment; and slowing emerging market demand. The data center business is meeting expectations.”

This had been expected for some time now by the Street, with analysts warning for at least the last few weeks that the company would cut its outlook, with Citigroup’s Glen Yeung offering perhaps the most conviction on that score.

This morning, Yeung minced no words. He thinks it’s both the punk economy, and also cannibalization from tablet computers, writing, “While we had expected a build ahead of the Windows 8 launch, feedback from our conference suggests the supply chain lacks confidence to do so. We therefore anticipate the worst 2H for PC sales since inception.”

The company also cut its gross margin outlook and its full-year outlook for capital spending, saying it will be below the low end of its $12.1 billion to $12.9 billion prior forecast range.

Diffusion

这帖大家没兴趣啊？INTC是业界龙头，他对业界的判断是直接影响分析师对整个业界的判断，也或多或少会影响大盘的走向。加个高亮。

dsp

Just read. Yes. That is a bad sign to semi.

dsp

Does it also mean INTEL not getting too much meat in tablet and smart phone market?

ysc

Diffusion 发表于 2012-9-7 11:25 AM
这帖大家没兴趣啊？INTC是业界龙头，他对业界的判断是直接影响分析师对整个业界的判断，也或多或少会影响大 ...

people do not care any company news at all now. Fedx warned few days ago, too.
as long as all central FED and ECB keep pumping.........

黄老泻

是否意味着苹果将要暴涨

Diffusion

dsp 发表于 2012-9-7 11:41 AM
Does it also mean INTEL not getting too much meat in tablet and smart phone market?

that's just part of reason. 还列了很多条，都不好，除了data center。也就是cloud computing还能继续炒，其他要小心。

Diffusion

ysc 发表于 2012-9-7 11:50 AM
people do not care any company news at all now. Fedx warned few days ago, too.
as long as all ce ...

haha, 9/12 is big day

Diffusion

黄老泻 发表于 2012-9-7 12:04 PM
是否意味着苹果将要暴涨

I guess aapl will go up till 9/12, pre-announcement run.

bucks

Why does INTC pre-announce?

cycle

Diffusion 发表于 2012-9-7 11:25 AM
这帖大家没兴趣啊？INTC是业界龙头，他对业界的判断是直接影响分析师对整个业界的判断，也或多或少会影响大 ...

So what? The market is up anyway. No bear LE.

Diffusion

bucks 发表于 2012-9-7 12:46 PM
Why does INTC pre-announce?

To be responsible to analysts. Also to avoid ER shock.

hannah

Diffusion 发表于 2012-9-7 11:25 AM
这帖大家没兴趣啊？INTC是业界龙头，他对业界的判断是直接影响分析师对整个业界的判断，也或多或少会影响大 ...

那啥，光顾盯着你的LVS乐.

Diffusion

hannah 发表于 2012-9-7 01:04 PM
那啥，光顾盯着你的LVS乐.

LVS今天按计划take some profit。自己有仓位的话就自己照看吧。我以后就不再实时更新了。

befriend

1198

我的AMD，谁来救我，1年新低，割肉还是等几天内的超卖反弹？？？？？？？？？？？？？？？大家帮我决定一下

Diffusion

1198 发表于 2012-9-8 01:06 AM
我的AMD，谁来救我，1年新低，割肉还是等几天内的超卖反弹？？？？？？？？？？？？？？？大家帮我决定一下

唉，仓位太重没什么好办法。图上看3.45左右还有双底的可能，如果破位还是考虑止损吧。

silicon_beaver

dsp 发表于 2012-9-7 09:41 AM
Does it also mean INTEL not getting too much meat in tablet and smart phone market?

It did but fail to win.

silicon_beaver

Diffusion 发表于 2012-9-7 10:53 AM
To be responsible to analysts. Also to avoid ER shock.

It could cut off people.

dsp

silicon_beaver 发表于 2012-9-8 02:33 PM
It could cut off people.

that will increare jobless #. oB should help intel.