Hi Michael, re: "IABG grew a little YOY, for a change from last quarter."
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Good to see you back, and thanks for not giving us a hard time last Friday when the market dropped about 10%. You always appear when INTC tends towards the upward, which is considerate of you, and most appreciated.
About your post, as always your math is excellent, but the marketing part is off: how does Q4 differ than Q1 from a marketing perspective (i.e. which impacts sales?) A: It's seasonal.
Having said that, there is an issue, but you missed it (in this particular post). The issue is: YOY on IABG R&P, not QOQ.
However, as you probably know, Intel will probably most likely make their EPS with relative ease this year.
And, moving forward, this is where you and I probably differ in opinion: I have confidence in Intel - in their future launches, new fabs (albeit scrambling), Intel Capital, etc.)
Regards,
Amy J |
