And The Realty is The Following:
(A) Newest CORE Cannon Lake (https://en.wikipedia.org/wiki/Cannonlake) is delayed due to IV technology imperfections on 10nm more than a year!
(B) Newest ATOM Broxton (http://www.fool.com/investing/general/2016/01/16/1-reason-intel-corps-newest-compute-stick-is-a-dis.aspx) is delayed even more than latest POR!
(C) Moore's Law does not work anymore, and UV technology is NOT ready yet!
With this slowdown... There is slowdown with the INTEL production line, and furthermore, with the profit. So, expect the income in Y2017 slipping below $50 billion USD?!
Expect furthermore layoffs, after Y2016. In the meantime ARM licensees are catching up with 10nm. ;-)
Good Luck!