John, >Seriously, what's a fab cost these days? $2Billion? Maybe if the analysts started thinking in terms of earning an almost free fab, then they could get their minds around how much money $1.6B really is, and how it can impact the future bottom line.
I was thinking the same thing, you beat me to it. Another way to look at it is engineers' salaries, about 10,000 of them for a full year, including a lot of overhead. Well, taxes knock it down. That's pays for a lot of chip design, still.
To me, whoever derides stock sales income is probably a fan of a company that can't afford to invest, or too stupid.
Tony |
