Intel Corp (INTC)

[kennynah]

i guess...INTC not important enough....

[winston]

The Fast Money guys prefer Qualcomm than INTC

[kennynah]

The fast money fellas could well have said

"i prefer rollerskates to oranges"..... ie, they usually don't make sense...

[winston]

THE SHORT-TERM CIRCLE IS NOW COMPLETE

The past 16 months' trading in shares of Intel are one of the great "the market leads the news, not the other way around" stories we've ever seen. It's a story we constantly updated you on.

Last year, the world's largest producer of semiconductors was a monthly guest in this column. Intel makes the tiny engines that run the world's computers... which makes it a high-tech version of Dr. Copper

. Tracking Intel's sales, profits, and share price gives us an "instant read" on the world's economy.

In April, we noted how Intel shares held like a rock around $15 after releasing a horrible earnings report. When a stock holds steady or rises in the face of horrible news, it's a classic sign the bottom is in… and things are destined to get "less bad." Intel moved exactly as we scripted and shot up 33%… and the economy got "less bad."

We've come full circle now. Eleven days ago, Intel reported a huge 28% increase in sales and beat analysts' expectations. So what did shares do with this great news? They fell!

The moral of this 16-month story: You'll never make money buying on bullish news or selling on bearish news. "Easy" trades like that never work. This is one of the hardest lessons for a new trader to learn. We think this short-term story of Intel is a great teacher.


Source: Daily Wealth

[millionairemind]

Intel Forecast Tops Estimates as PC Recovery Holds Up (Update2)
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By Ian King

April 13 (Bloomberg) -- Intel Corp., the world’s biggest chipmaker, forecast second-quarter sales that topped analysts’ predictions, citing growing worldwide demand for computers. The shares rose in late trading.

Sales will be $10.2 billion, plus or minus $400 million, the Santa Clara, California-based company said today in its quarterly earnings statement. Analysts had estimated $9.72 billion on average, according to a Bloomberg survey.

The construction of data centers and the continuing shift to mobile computers will drive growth for the rest of the year, Intel said. That prompted the company to increase its full-year gross margin forecast to about 64 percent from roughly 61 percent. The prediction follows record first-quarter sales, fueled by consumers ordering laptops.

“They’re very strong numbers,” said Cody Acree, an analyst at Williams Financial Group in Dallas. He has a “hold” rating on Intel shares. “It’s well above what anyone was expecting.”

Intel rose 82 cents, or 3.6 percent, to $23.59 in extended trading following the announcement. The shares, which have gained 12 percent this year, closed at $22.77 on the Nasdaq Stock Market. Other technology stocks also climbed in late trading, with Microsoft Corp. rising 43 cents to $30.88 and International Business Machines Corp. advancing 69 cents to $129.72.

First-quarter net income climbed almost fourfold to $2.44 billion, or 43 cents a share, from $629 million, or 11 cents, a year earlier. Analysts projected 38 cents a share. Revenue increased 44 percent to $10.3 billion, compared with the average estimate of $9.85 billion.

‘Incredible Quarter’

Customers aren’t building up excess stockpiles of chips, a sign the industry isn’t at risk for a supply glut, Stacy Smith, Intel’s chief financial officer, said in an interview.

“When we look through the supply chain, what we see are healthy and appropriate inventory levels relative to how we see demand,” he said. “It was an incredible first quarter for us.”

Cloud computing, which lets businesses get their software and information over the Internet from external data centers, also is fueling demand for server chips, Smith said.

In January, the company forecast first-quarter sales of $9.7 billion, plus or minus $400 million. It predicted gross margin, or the percentage of sales remaining after deducting the cost of production, of about 61 percent. It came in at 63 percent.

The gross margin this quarter will be about 64 percent, Intel said today.

Earnings Season

The company leads off two weeks of earnings reports by the largest U.S. technology companies, including IBM, Google Inc. and Microsoft. Intel supplies more than 80 percent of the world’s PC processors, making its sales a barometer of computer industry demand.

Notebook shipments jumped 37 percent in the first quarter from a year earlier and account for 61 percent of the market, according to El Segundo, California-based ISuppli Corp.

Intel is profiting from the relative weakness of its main rival, Advanced Micro Devices Inc., according to Tristan Gerra, an analyst at Robert W. Baird & Co. in Milwaukee. Intel also has a new chip lineup, which it released in the first quarter.

“Intel is in front of the best product cycle in years,” said Gerra, who has an “outperform” rating on the stock and doesn’t own it. “On top of that, we believe that Intel is gaining market share.”

[kennynah]

big time solid results ... qtrly results were out ~18 hours ago....

[millionairemind]

Jul 14, 2010
Intel's biggest quarterly profit
Stronger than expected

SAN FRANCISCO - INTEL Corp has posted its largest quarterly net income in a decade as the company benefits from a strengthening computer market and more sophisticated factories.

An encouraging sign for the US economy was that large corporations, which have been slower than consumers to start spending again after the worst of the recession passed, bought more computers that use Intel's most expensive chips.

That suggests businesses are freeing up their technology budgets, which should have helped other companies as well. Intel's main rival, Advanced Micro Devices Inc, reports on Thursday, while IBM Corp and Microsoft Corp issue results next week.

Intel's results, reported after the market closed on Tuesday, topped Wall Street's forecasts, and the company raised its guidance. Shares of the company rose nearly 7 percent in extended trading.

Intel's net income was US$2.89 billion, or 51 cents per share, in the quarter ended June 26. That compares with a loss of US$398 million, or 7 cents per share, a year ago, when Intel was forced to pay a US$1.45 billion fine in Europe over antitrust violations. Analysts expected net income of 43 cents per share in the latest period.

The last time Intel's quarterly net income topped US$2.5 billion was in 2000 during the dot-com heyday, when Internet fever fueled spectacular computer sales. Revenue was US$10.77 billion in the latest period, above the US$10.25 billion expected by analysts surveyed by Thomson Reuters. -- AP

[winston]

A lot of parrots are singing how strong the INTC numbers are. The headwinds would be whether Europe and China actually come is as expected....

Having said that, companies are very clever at sand-bagging their numbers

=======================================

Intel posts biggest quarterly profit in a decade (AP) from DMG:-

The news: Intel Corp. has booked its largest quarterly net income in a decade as the chipmaker benefits from a stronger computer market while its results were also better than market expectations.

The company reported 2Q10 revenue and EPS of US$10.77b and US$0.51 respectively, coming in above analysts’ forecasts of US$10.25b and US$0.43 accordingly.

Our thoughts: Due to its massive operations and global reach, Intel is widely regarded as a market barometer for the worldwide technology sector. While its recent 2Q10 numbers did come in above expectations, the more pertinent issue would be its guidance for 3Q10.

This also turned out to be above market forecasts, where Intel is guiding for revenue of US$11.2 – 12b as compared to expectations of US$10.9b. Given this bullish outlook which in turn speaks well of the macro picture, we thus maintain our OVERWEIGHT recommendation on the technology sector.

[winston]

Why You Should Begin Buying the World's Safest Stocks By Porter Stansberry
Saturday, July 17, 2010

Take a look at Intel, for another example.

Intel's growth isn't as uniform as Wal-Mart's. But its share price has actually fallen substantially over the last 12 years, despite big increases to its earnings. Intel's CEO, Paul Otellini, said the most recent quarter was the best in Intel's entire history, with revenue of $10.8 billion – up 34% from last year's second quarter.

And yet, despite these record results, Intel's stock price remains near $20 – down from $70 in the late 1990s. Let me show you what that means in terms of current valuation…

I expect Intel will earn something around $15 billion this year in cash. After spending roughly $4 billion building new factories and expanding old ones, Intel will have $11 billion left over for debt repayment and distributions. Given that it only holds $2 billion in debt, I doubt any of this cash will go toward debt repayment. But to be conservative, let's assume Intel decides to repay half of its debt.

That implies it will return something around $10 billion to shareholders. (These aren't pie-in-the-sky figures. In 2008, Intel returned more than $9 billion to shareholders.)

Given Intel's $100 billion market value, my forecast is Intel will yield something around 10% to equity investors this year, including both cash dividends and stock buybacks. Meanwhile, the company is trading at a cash-earnings multiple of less than seven.

I can't stress enough how unusual it is for super-high-quality stocks to be paying dividend yields that are actually bigger than their earnings multiple. Opportunities to buy stocks at such low prices only occur around market bottoms.

The point, as I'm sure you've gotten by now, is that these companies, which represent some of the finest examples of capitalism in the world, are trading at silly cheap prices. And while I have very real concerns about the well-being of the global economy, I believe these firms will be far more able to weather the coming storm than just about any other kind of asset.

Here we are, 12 years after the peak of stock valuations. All of the best companies, which people were paying crazy prices to own in their 401k accounts back then, have executed either as well – or better – than any reasonable projection would have forecast. The companies earned the money they were expected to earn – sometimes more. And yet today, with these companies vastly richer, better managed, and in better competitive positions, suddenly investors don't want them anymore.

While I don't believe the stock market in general is a good buy, I do believe now is the time to buy these incredible businesses nobody else wants.


www.dailywealth.com

[kennynah]

Very smart intel. Now their highest end consumer CPU chip is i7, i5 and i3, that are quickly phasing out core duo chipsets.

But really, do u know the differences among these? I duno I assume there are differences to justify the higher pricing..

At least, they beat AMD hands down in this aspect