RE: "inconsequential growth for the past 4 years ...how the heck can their earnings improve when revs fall"
You are incorrect. Intel's revenue has increased:
From finance.yahoo.com
Income Statement
Revenue (ttm): 36.73B Revenue Per Share (ttm): 5.871 Qtrly Revenue Growth (yoy): 14.70% Gross Profit (ttm): 19.75B EBITDA (ttm): 15.73B Net Income Avl to Common (ttm): 8.24B Diluted EPS (ttm): 1.30 Qtrly Earnings Growth (yoy): 16.00% finance.yahoo.com
finance.yahoo.com
Historical Info:
PERIOD ENDING 25-Dec-04 27-Dec-03 28-Dec-02 Total Revenue 34,209,000 30,141,000 26,764,000 Cost of Revenue 14,463,000 13,047,000 13,446,000 Gross Profit 19,746,000 17,094,000 13,318,000 |