tejek - You wrote Now you really didn't think it came from IABG, did you?
I certainly do. And if you don't, it just shows that you have no idea about Intel's business and you didn't even bother to read their most recent earnings statement.
No, what it shows YOU is that you believe what Intel wants/manipulates you into believing. As for not doing my homework, the Intel website was the first place I hit last nite.....as a review. And you don't think I missed the operating profit figure for IABG, do you?
Intel had revenues of $5,393,000,000 and an operating profit of $1,328,000,000 from their IABG division last quarter. Look it up - do some work - instead of trying to pass of Dan3/pgerassi lies as facts.
intel.com;
There are different levels of profit. What I look for is net profit, that's two levels down from operating profit. Net profit has all the expenses taken out, including taxes and non-operating expenses, and not just operating expenses. There can be a big difference between the two numbers.
In this case, Intel shows that the combination of operating profits and operating loses yields an operating profit of
$389 million. However, after taking out non operating expenses and taxes, Intel shows a net profit of $106 million or $.02 EPS [scroll back up the page] like I said last nite. Quite a drop, don't you think?
How much, if any of the $106 net profit, is attributable to IABG.....I don't have a clue, and it doesn't sound like you do either. But I bet you IABG made very little if any money last quarter.....not with a price war with AMD and production problems.
Again as an investor, the only profit that is truly worth knowing is net profit. The rest is smoke and mirrors as far as I am concerned.
ted |
