Intel is a company in decline. It cannot organically grow and has an abysmal track record of destroying shareholder value through acquisitions
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Suddenly they are acting like an IPO start up company. Sadly, they have the same leadership that led to their day downfall so don't expect any miracles.
PC business will decline thru this year at near double digit rates
Ramp of new technology will be late and very expensive and hit cost of sales very very soon.
Older technology will have to be sold at even lower price
IoT and Memory have to be sold at give away or loss price
GM will plummet in 2017 and more cuts will come from someone else other than named BK, SS, or DB
Intel will lose way more than 12K employees. Intel hasn't a clue how to rebuild/retool itself. It's because of greed. They can't get those large margins out of their head and they hunt for them "ONLY". Sorry folks, Intel needs to hit bottom before they learn to manage their ship better. The Chairman of the Board, CEO and President all need to go before that will happen.
Correct. Otellini was bad, but Krzanich is much worse.