Intel’s numbers say it all:
- Revenue down 12% yoy
- Operating income down 49%
- Net income down 45%
- EPS down 43%
- Terrible guidance
Geography also hurt with Europe down 26% and Asia-Pacific (the world’s fastest growth region) down 16%.
These numbers simply are awful. Intel holds an analyst meeting in New York next week. We will see if they bring anything new to the table.
Follow