More Videos
- Your Chance to Be the Hero on the Hudson
- Dell Goes Handheld, Again
- Amazon Gives The Shorts A Wedgie
- Job Cuts and Foreign Workers; What's the Tech Community to Do?
- Amazon Prepares to Meet Wall Street's Tall Order
- Yahoo Starts Bartz In The Red
- Apple And Palm Battle Heating Up?
- Yahoo's Bartz Prepares To Meet The Street
- Texas Instruments And The Ugly Side Of Chips
- One Week In Big Cap Tech In The Books; Another To Come
- Lightning Round: Time Warner, Dow Chemical, Black & Decker and More
- North Dakota Senator: Obama Plan 'Misses the Mark'
- Game Plan: Reasons to Buy Stocks, Solutions for Obama
- Lightning Round OT: Goodyear, Apollo Group and More
- The Good, the Bad & the Ugly
- Web Extra: Fast and Furious Trades
- Pops & Drops: Wells Fargo, Caterpillar
- Under Armour: A Kurt Warner-like Comeback?
- The Question of Wall Street Bonuses
- Pros Say: Dow Will Break Thru Ceiling in Second Half
- The Market's Latest Victim: 'Buy-And-Hold' Strategy
- US Liquor Sales Come Up Short in 2008
- P&G CFO: Consumers Down, Costs Stay High
- Obama: Stimulus Needed to Stop 'Continuing Disaster'
- Billable Hours Giving Ground at Law Firms
- Few Ways to Recover Bonuses to Bankers
- Coke Scraps "Classic" Tag from Flagship Cola: Report
- Blagojevich Makes a Day of It on Way Out
Text Size 
 |
Intel[INTC
Loading...
()
] keeps humming along, and there's every indication, at least among analysts covering this company, that the company's stable finances will continue today.
Even amid ongoing concerns that the PC market is stalling--it's not, Intel is holding its own. Mostly because rumors of a PC industry contraction, particularly in China and Europe, appear to be exaggerated. Couple that with continued growth in laptops, where Intel is taking sharp aim, and it would seem all's quiet on the Western front.
Pacific Crest expects notebook microprocessors should increase 20 percent sequentially. And what the firm says are strong second quarter chipset sales are a precursor of Q3 revenue growth. And that, of course, bodes well for the company's gross margins, expected to be at or near 56 percent today.
Those are the reasons Pacific Crest maintains a $23 target on these shares. Analysts expect 25 cents on $9.3 billion later today. Guidance will also get a fair amount of attention with the Street projecting 34 cents on $10.1 billion for the current quarter.
Meantime, Intel's numbers could serve as a nice harbinger of what to expect from customers like Hewlett-Packard[HPQ
Loading...
()
] and Dell[DELL
Loading...
()
].
Fact is, Intel has been somewhat of a stodgy, if stable performer. Advanced Micro Devices [AMD
Loading...
()
]has basically become a non-entity with few on the Street anticipating any meaningful competition. And as I wrote yesterday, Intel's innovation is alive and well and not just kicking, but kicking butt.
related content |
Shares are down 10 percent this past quarter, and way, way off the $27 these shares enjoyed in December. The question for investors now: will today's earnings and outlook be enough to spark what some on the Street say could be a 15 percent rally in coming months. That sounds possible, but it's little solace for those of you who got in in December.
Intel, like Microsoft,[MSFT
Loading...
()
] needs something significant, some chunk of news that helps these shares truly break out. My sense is, today's report should be solid, but likely not the break-out many investors are hoping for.
Questions? Comments?
Data is a real-time snapshot *Data is delayed at least 15 minutes