Re: Fact is, Intel produces enough gross profit per quarter, even now, to pay for a brand-new $2 billion fab each and every quarter.
Numbers in Millions except for the last one.
Intel's profits for the past 4 quarters:
Income before taxes $794 $137 $346 $906 = $2,183
Capital costs for the past 4 quarters:
($1,136) ($1,365) ($2,144) ($2,664) = $7,309
Capital costs counted as expenses for the past 4 quarters:
$1,093 $1,054 $1,050 $934 = $4,131
Difference between actual capital costs and what was admitted to in the earnings statement $7,309 - $4,131 = $3,178
Income before taxes minus deferred capital costs = -$2,183
Intel lost $2,183,000,000 as an ongoing operation last year. |
