Correct, the company has not guided lower. However, based
on what the PC companies (GTW, AAPl) have said analyst have
come to the forgone conclusion that Intel will miss
As if Apple and Intel have anything, product-wise, in common. So, Gateway, Apple and MUEI have warned. Intel and Compaq haven't. So, Intel and Compaq are down today almost as badly percentage-wise as the warners, even though Intel has products in servers, notebooks, flash, embedded, comm, web hosting, besides just desktop, which is essentiall all Gateway, Apple and MUEI have.
These guys have to be the Chicken little company of the year. They are out every day now slamming PCs and semis. How could Intel be having their worst quarter in a decade when Barrett said this week they would have their best revenue quarter ever.
11:38 ET Intel (INTC) 32 15/16 -3 1/16: -- Update -- CNBC cites Briefing.com's earlier report on Salomon Smith Barney's Intel call; just to clarify -- the language in that earlier comment, that the quarter was "shaping up to be the worst in over a decade" was directly from a Salomon note this morning. Also in the note, the analyst reiterated the estimate cuts he made last week and in a trading floor call he said that he had growing confidence that Intel would miss its quarter.
Tony |
