Very, very fishy...highly unusual for a large well established company to move out earnings like this. But this is being done to benefit ELT golden parachutes, just like it was the last quarter. This also suggests the earnings are not going to be pretty.
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It’s so that dodgy Dave can get his numbers checked … after the last debacle where big bird clearly did the forecasting and set the company on fire - , I think he’s under a little more scrutiny this qtr.
I heard they have paid BSG $100M to check his math and tell him what to say…. Pat has his head under a pillow and is hoping it’s gonna be alright :)
God help us all.
Check EBay for retired INTC toolset parts !
Bain Capital needs more time
Still trying to shop parts of Intel to a potential buyer.
I hope they announce their bonuses. Fu--ing as--s
I hope their Financials show how much money they saved by taking away employee free coffee.
Bunch of clowns!
@urd... I think the word you are looking for is riddance.
@vxg - and nothing bad happened last quarter after earnings were shifted... except for the most painful layoff experience in the last couple of decades... I was an observer, and you are right: layoffs have become the standard now...
Intel is going to collapse. Good riddens too.
There are so many things wrong with this company. Intel has been reporting on the same timeline for decades and now that the financial situation is dire they suddenly need to start pushing the dates out. You can’t trust the leadership. Q3 will be worse than Q2 and the company will be at risk of having annual revenue drop below $50 billion. Additional austerity measures will be necessary.
That was moved long time all-together with Q2 financial. I am observing market all the time. Nothing to do here if you observer things
The move out is a timing issue. Intel wants AMD to report their earnings before Intel that’s all