Thread regarding Intel Corp. layoffs

Why are Q4 earnings late this year?

Looks like Q4 earnings are scheduled for Jan 26, 2017. This is 10 to 14 days,later than usual dates. Does anyone know why? Usually late earnings has been bad news...hope this time its opposite

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Then short the stock

Let us know how that goes for you.

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- So, the CFO needs some more time to understand how to calculate operating margin? Bull$hit. More likely they are cooking up some fuzzy math into the books in order to spin some sense out of this mess.

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It's the CFO dummies.

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yes you are probably right that the new CFO is getting up to speed on the Intel way of reporting quarterly results lol

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kcz - Good thought, though I checked the last three Q4 results during inauguration years (2005, 2009, 2013) and they were released Jan 11, 15 and 17, respectively, in line with all other quarterly schedules. I still think it's just the new CFO getting his bearings, but if he has bad news to tell, he's going to need all that extra time.

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There is another factor at play: they might want to wait until after the Trump transition is done on Jan. 20. This in order to ride the rising tide in the markets for as long as possible before announcing crappy Q4 results. And believe me, they will be crappy as f-ck.

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OP - it's pretty obvious MCM is in panic mode and need more time to figure out how to spin the mess they got the company into after ACT. Of course this does not bode well to those still inside. At best they will need to grapple with severely reduced or nonexistent raises/bonuses this year. At worst, another big round of layoffs (at least 10-20K). From what I can tell, the latter is highly probable.

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Math is working out, downloadbesttorrentblog.rus and drop in expenses plus server growth isn't enough to compensate for terrible holiday sellthru and 10nm ramp implications. Add in the loss from modem and huge costs for memory, IoT 2017 is a big problem!

Finance and MCM are working hard on a new ACT 😉 with Murthy to spin a story to prevent stock plunge. The ywill go with his original big blood letting not this weak ACT

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Everything has been late at intel..

Old news if you look process and product launches or trying to catch the next big thing always late, MIA, or slipping more, so a slip in earnings announcement would totally be in character with the new intel from BK

😂😂😂😂😂😂😂😂😂😂

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Question.... do other companies do this? It's not something I keep up on so wouldn't know but it just feels like something that companies just do NOT do unless there's a VERY good justification. Also, I'd think that justification would be given when they push out the date. No mention of the why here though.

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They need time to verify the fuzzy math numbers. It's clear there is no growth in this company. They have to come up with some accounting gimmick just to make their numbers presentable. Lol.

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Whoa, that IS late. Perhaps the new CFO wants a little extra time to prep for his first real call at the helm - the rest is speculation. What it DOES do is screw up the Jan 20 option chain. Will be interesting to see how that one plays out.

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Intel needs more time for preparation of rolling out good news to the general public. You deadwood loser purgers really need to move on. Company is doing better without your sorry a$$es.

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Is Intel cooking its books? PC have been down for a long time, Intel's expenses have increased a lot. Intel implemented biz class travel was with the condition that travelling expenses remain the same (less people travel) but instead ended up with a lot more people travelling on a regular basis. Engineers, managers flying biz class twice to thrice a quarter. After ACT, there was massive hiring. Don't get it, where's the $ coming from? Some groups belonging to DO, SS, DB are spending like there's no tomorrow! Internally, Cathay Pacific transit lounge in Hong Kong is jokingly called Intel lounge. In Dec alone, massive biz class travel from Malaysia site to US, all funded by DO's group MIT.

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Well, their annual investor meeting that was typically mid-November was called off as well. Someone brought that up here mid-November. Sounds like more investor meetings are being canceled. hmmm....

Here's the thread I brought up being canceled mid-Nov: http://downloadbesttorrentblog.ru/t/Km5ULKX#replies

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ACT2 layoffs to be announced

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