Intel beat revenue forecasts

[_V_]

Intel reports Q1 2016 earnings

The company reported first-quarter earnings 54 cents a share excluding items, on $13.7 billion in sales. Analysts had expected Intel to report earnings of about 48 cents a share on $13.83 billion in revenue, according to a consensus estimate from Thomson Reuters.

And so they?

Intel announced Tuesday it would cut 12,000 jobs, or 11 percent of its workforce, by 2017

The global economy is doomed....

[AtW]

They release CPUs with like 5% performance improvement, so there is no surprise that nobody is buying them, they don't want want to make cheap affordable 8 cores available - in Skylake they cut out AVX512 from desktop chip, feckers, so software can't even get speed up from that (server chips are expected to have it).

I am still using 2011 CPU (overclocked nicely), should be able to manage easily until 2017-8.

Oh, and Intel rips off companies using monopoly in server chips.

[Mordac]

They release CPUs with like 5% performance improvement, so there is no surprise that nobody is buying them, they don't want want to make cheap affordable 8 cores available - in Skylake they cut out AVX512 from desktop chip, feckers, so software can't even get speed up from that (server chips are expected to have it).

I am still using 2011 CPU (overclocked nicely), should be able to manage easily until 2017-8.

Oh, and Intel rips off companies using monopoly in server chips.

Just buy AMD chips then - way better value.

[VectraMan]

Just buy AMD chips then - way better value.

Intel have been doomed due to competition from AMD for years, and then they were doomed due to competition from ARM. Somehow they seem to keep doing all right.

[AtW]

Intel should buy AMD, the chip market is now fragmented - mobiles got different suppliers, PCs are almost dead - they need all R&D they can get these days to make chips better without relying on manufacturing improvements which got too expensive and too slow.

[diseasex]

Intel should buy AMD, the chip market is now fragmented - mobiles got different suppliers, PCs are almost dead - they need all R&D they can get these days to make chips better without relying on manufacturing improvements which got too expensive and too slow.

You're joking right?

[AtW]

You're joking right?

No.

DOOMED.

[_V_]

The point of this post was to highlight that Intel, even though they beat analyst expectations, are shedding 12,000 jobs.

Anyway, since this has descended into and Intel vs AMD, PC vs everything else type thread, I though I would post this:

Remix OS - The Future of Android PC is Here

Looks interesting. Android designed for PC hardware.

[AtW]

The point of this post was to highlight that Intel, even though they beat analyst expectations, are shedding 12,000 jobs.

Intel got much better idea about future of the business than analysts...

[_V_]

Intel got much better idea about future of the business than analysts...

I guess they see their future as a couple of guys working out of a lockup.