Intel hopes to make $400m in revenue but losses are in the billions. You couldn't make it up. Forget gross margin it's more gross incompetence and Murthy said thus is one are we are doing well in!
http://www.fool.com/investing/2016/09/01/the-best-evidence-yet-that-apple-inc-is-using-inte.aspx
I agree with the Taco Bell comment.
It would be re-branded to T-Bell with iBurritos & iTacos. They could put a drive-thru window at the Fab's.
A whole new meaning to chips and salsa.
I think Intel should buy Taco Bell next.
It makes more sense than Mcafee.
Let's hear about operating income.
Revenue is just BS without context.
Let's not forget that the "revenue" has to be turned around and TSMC has to be paid. And I can be sure they know how desperate Intel was and got a good price for them wafers.
How sorry the press on Intel is know about a few hundred million on a tens of bucks modem. Gone are the days of Tick Tock scheduled release of designs. Instead we have Apple and Samsung doing timely launch and taking over the mantle of keepers of Moore's Law