Dan Niles
Dan Niles
brings capacity deliver easy gain intel share
It's easy for No. 2 to gain share when No. 1 can't deliver enough products. It will get more interesting in 2006 as Intel brings new capacity on line.
believe booked intel loaded quarter seeing third
We believe that Intel is seeing the most front-end loaded third quarter in many years and is booked out for the quarter.
bottom call cautious intel pickup quarter reached remain sees signs until
Intel sees no signs of a pickup and would not call this quarter the bottom for revenues. We do not think the bottom will be reached until the summer, at the earliest, and remain cautious on the stock.
bombed higher hurting intel kept low performance prices pricing products
In the past, Intel has had much higher performance products than AMD had, so they bombed prices on the low end, and kept pricing higher on the high end. This time, AMD's got as speedy processors as Intel does at the high end. There's nothing Intel can do. They can't bomb prices without hurting themselves.
against increased intel market past percent price seen share war
Over the past two years, AMD has increased its market share against Intel from 13 percent to 21 percent. For those who thought the price war was aggressive, you haven't seen anything yet.
encouraged given gross guidance last line margin next people quite surprised year
I'm surprised it was this good, quite honestly. And more importantly the guidance for next year on the gross margin line of 57 percent. I think people are going to be very encouraged given that's up pretty substantially from what they did this last year.
half looks year
The back half of the year looks like it will be better than expected.
core profitable services
Services are much more profitable than their core business.
fourth implies looking people range
Slightly, to my mind, implies 3- to 5-percent growth. I think most people were looking at the 7- to 8-percent range for the fourth quarter.
almost computing continuing drive enterprise expected focus fourth global gross improvement margins mix next percent produced profits revenue segment services total year
Their focus on the enterprise computing and global services segment produced 51 percent of total revenue and 90 percent of total profits in the fourth quarter. A continuing improvement in the mix is expected to drive gross margins to almost 25 percent next year from 23.5 percent this year.
gives happen magnitude market miss move next pc pricing year
There could be a bloodbath in pricing in the first part of next year if they don't move inventories over the holidays. The magnitude of the miss gives you an idea of what's going to happen with the PC market next year.
excited growth hard line miss negative revenue stock top
When you miss your top line by $1 billion, the stock should go down. With negative year-over-year revenue growth it is really hard to get excited about the stock.
declines growth offset price seeing strong unit
The unit growth is not so strong as to offset the price declines they're seeing in their chips.
bottom economy guess rebound sit time
This economy is not going to rebound any time soon. To sit here and guess where the bottom is is a loser's bet.