Don't count on new highs. This whole bounce after the earnings affect will end once earnings season is over. You are being played right now big time and I have no sympathy. INTC will make a new low before a new high. By the way, learn to read an income statement instead of a Press Release. You are quoting pro-forma.
NET REVENUE $ 6,677 $ 7,993
-------- --------
Cost of sales 3,225 2,989
Research and development 995 951
Marketing, general and
administrative 1,155 1,124
Amortization of goodwill and
other acquisition-related
intangibles and costs 585 313
Purchased in-process research
and development 75 62
-------- --------
Operating costs and expenses 6,035 5,439
-------- --------
OPERATING INCOME 642 2,554
Gains on equity investments - 449
Interest and other 264 191
-------- --------
INCOME BEFORE TAXES 906 3,194
Income taxes 421 498
-------- --------
NET INCOME $ 485 $ 2,696
======== ========
BASIC EARNINGS PER SHARE $ 0.07 $ 0.40 |
