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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: fyodor_ who wrote (134530)5/10/2001 6:55:45 AM
From: Road Walker  Respond to of 186894
 
fyodor,

re: "I seen it claimed that Intel dumps a lot of general expenses into the "others" category (e.g. the Intel Inside branding campaign, as offered to OEMs) making it not nearly as bad as it looks."

All urban legends have an element of truth. Following is from the 1Q01 earnings release. It looks like Intel has cleaned up the expenses it puts into "all other":

"In addition, "all other" includes certain corporate-level operating expenses, including a portion of profit-dependent bonus expenses that are not allocated to the operating segments. Prior to 2001 the majority of the profit-dependent bonus expenses were kept at the corporate level, but as of the first quarter of 2001, the majority of these expenses have been allocated to the operating segments. Information for prior periods has been restated to conform to the new presentation."

John