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[P & R perhaps] Intel is gouging us!

 
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Fuzzy
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[P & R perhaps] Intel is gouging us!
« on: October 16, 2007, 05:12:16 PM »

Since they are the 800 pound gorilla in my industry I noticed their Q3 earnings today. And it made me chuckle when people talk about how the oil companies are screwing everyone on their way to record profits:

Bottom line:  $1.86 billion, which is 43 percent higher than the $1.3 billion they earned in Q3 last year. Revenues for the period were $10.09 billion, a 15 percent jump from the $8.74 billion in sales rung up last year.


I'm too tired to look it up but if memory serves their net income percentage is almost twice Exxon's*. But you won't see Intel leading the news or making water cooler headlines tomorrow with their "obscene" profits. I'm also a bit divided because they are my division's #1 customer which is good for us. And they are a bellwether for semiconductors which is good for our stock. But they also know this and have no self-esteem issues when dealing with their suppliers.  Wink  Ah hell, sometimes they are the biggest pricks imaginable. And even so, I've meet some good people there and admire what they have accomplished through the years.


*I know there are distinct differences between the companies, industries and products they provide. Just have always found comparisons like this interesting.



« Last Edit: October 16, 2007, 05:14:18 PM by Fuzzy » Logged Return to Top

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Aske
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Re: [P & R perhaps] Intel is gouging us!
« Reply #1 on: October 16, 2007, 05:21:57 PM »

why do you hate 'merka?
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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
gleek
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E chu ta!

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Re: [P & R perhaps] Intel is gouging us!
« Reply #2 on: October 16, 2007, 05:54:03 PM »

Why do you hate x86?
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stroh
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Re: [P & R perhaps] Intel is gouging us!
« Reply #3 on: October 16, 2007, 06:12:37 PM »

As the blood of the innocent masses shall be dined upon by the vampires of the industry, know it that the feast was severed on your wafer.
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hobbit
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Re: [P & R perhaps] Intel is gouging us!
« Reply #4 on: October 16, 2007, 06:13:29 PM »

AMD is really killin em eh?

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I've gone to find myself.  If I get back before I return, keep me here.
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