1jfo :
"It's about dividends."
Even so, the premise is deeply flawed if we look at both Altera and Mobileye. Both had a profit less than $400M prior to acquisition (with Altera contribution likely gone down by now). True, they wouldvadd, in the best of the scenarios a 15% to Intel's $5B profit, but the cost of this income is numbing.
It's about dividends. No one is thinking about the long term.
If wall Street had any clue, they by now should have whipped the board for the serial multi billion dollar failures they had sponsored over decades: Itanium, Strongarm, Xscale, IXP, DSP, Dialogic, Raza, Windriver, McAfee, Altera and now the new shiny objects called Mobileye. Unless wall Street can insist that revenue from acquisitions be reported separately, there is no accountability to this process. You wonder how the institutional investors stomach this time after time and the CEO gets away with it.
Don't forget the 7billion for the AZ Fab!
Wall St as usual is sleeping on the job. Anyone with any accounting knowledge looking at the huge growth of debt from 2010 to 2017 (bigger than 1000% growth in debt in just 6 years!) would be alarmed! But somehow most are still adamant Intel will grow bigger than what it is.
Purchase will be paid with cheap overseas debt and finances will be a tangle lies for anyone to figure out the true debacle of the balance sheet and cost of 10nm
More fake news, brah
More like 20-30k but it needs to start with the top of the food chain. Worker bees the past two years have decimated.