Wednesday, July 14, 2010

They Just Don't Get Intel! (Video)

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Intel market capitalization is 22nd largest in USA at $118.85B
This makes Intel the 7th largest technology company in USA behind: Apple, Microsoft, IBM, Google, Cisco, Oracle

Is Intel's Strong Outlook, Raised Guidance Credible?

Intel (INTC) reported a blockbuster Q2 for earnings, margins, and profits. Intel called it their best quarter ever. "Strong demand from corporate customers for our most advanced microprocessors helped Intel achieve the best quarter in the company's 42-year history," Intel president and CEO Paul Otellini said.

Intel then went on to raise guidance and predict strong results in the future. CEO Ortellini said, "Intel growth continues to run ahead of economic growth, reflecting what we believe is a fundamental shift driven by Internet adoption" and "As internet traffic continues to boom, the cloud build-out is accelerating in order to keep pace" which means more Intel processors.

Is the strong outlook credible? Is CEO Paul Otellini realistic with his optimistic vision of the future? Marek Fuchs argues that  Otellini was honest in predicting an Intel downturn at the onset of the recession and is one of the more credible CEOs in America.

DEER ISLE, MAINE -- Marek Fuchs, TheStreet's media critic, fills in the other half of the Intel story.

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