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Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

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Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#81
post #66

I'm not sure how much of an effect this would have, but from a consumer's point of view, there isn't as much of a reason to buy a new PC every few years anymore. The laptop I'm using right now was purchased in 2011, and the prices in stores now are very comparable to what I paid back then. I've made up my mind to buy a new one a few times, but then when I go to the store, it just isn't worth it.

That's exactly it. The same performance isn't (that much) cheaper, and it's actually difficult to find any sort of high performance laptop (for cheep). Plus, the last few laptops I've purchased all seem to die JUST after the warranties (extended or otherwise) expire. Are they finally at least putting 1080p+ screens on these as a standard thing, or is everyone still stick on that crummy 1366x768 regression?

> and it's actually difficult to find any sort of high performance laptop (for cheep).

I went to a computer store recently, and told them that I was interested in dropping about 2k on a laptop, and I brought a list of specs (at least 16gb ram, lots of cores, etc.). He suggested I should get a gaming laptop and never gave any suggestions from his store.

It will be interesting to see what the future holds, because they're already getting close to the physical limits of what they can build in terms of processors. If they start slowing down financially, it may be the case that we'll still be using computers that are about as fast as they are today in 7-10 years from now.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#82

Does anyone working within Intel know the reasoning ? It seems skylake is doing really well. Is it mostly electrical engineers working on the processors or sales and marketing people ?

Intel finally realized that ARM is dominating growing sectors (mobile and embedded[1]), while they're dominating the shrinking ones (desktop and server).

[1] still can't bring myself to say IoT.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#83

Does anyone working within Intel know the reasoning ? It seems skylake is doing really well. Is it mostly electrical engineers working on the processors or sales and marketing people ?

http://www.pcworld.com/article/3054605/computers/pc-sales-pl...

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#84
post #49

Earlier quoted context omitted.

News like this out of the blue is strange. I was pretty sure that the post-PC era was a sham. It still is, right?

How much of your time is now on a mobile that used to be on a desktop? Their core business is drying up.

All that mobile traffic increases server traffic. I don't think the switch to mobile is a big hit for Intel as long as they are the only major player in the high performance CPU market (let's see if AMD can turn it around with Zen, but I don't have my hopes up).

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#85
post #77
post #39

So Intel is cutting 11% of its workforce, Goldman Sachs just reported a 56% drop in profits, Morgan Stanley had a 50% drop in profits, Netflix missed subscriber growth estimates etc... yet, the Dow just hit a 9-Month high, and the S&P500 is now above 2100. The whole market is overvalued, not just the tech unicorns.

> The whole market is overvalued, not just the tech unicorns. Yep. That's what Peter Thiel is saying as well: https://news.ycombinator.com/item?id=11485376

I am not surprised. I am a huge fan of Thiel, his book Zero to One was a real eye opener for me.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#86

What is this utterly horrible web "design" that begins to spread everywhere? This page looks like it has been designed by a 5 year old.

I think it's called twitter bootstrap, and it is terrible on both user experience and performance. So much hate...

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#87

One must understand that this is re-structuring. Intel is probably letting go of some divisions it no longer intends to pursue. In the not-so-distant past, Microsoft did an internal re-structuring when Satya Nadella became the CEO. It isn't as bad as it is portrayed to be as most people end up getting re-hired in other groups or take the severance and join a new company.

News like this out of the blue is strange. I was pretty sure that the post-PC era was a sham. It still is, right?

I think we're in a post-PC era. Yes, I spend my work days on a laptop. But most of my personal computing happens on an iPhone or an iPad. I think that PCs (and laptops) will increasingly become "things we do work on" and smartphones and tablets will become "things we consume stuff on". A lot of PC sales, I think, were coming from people buying them for personal use to consume stuff. That market is changing.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#88
post #67
post #49

Earlier quoted context omitted.

How much of your time is now on a mobile that used to be on a desktop? Their core business is drying up.

Am I the only person for whom the answer to this question is "almost none?" I'm serious: about 80% of my day is meeting with real people in the real world. Mobile phones haven't changed that. The other 20% of my day is sitting at my desk creating original work product (mathematical models and thoughtful memoranda) or reviewing the work product of others. Mobile phones haven't changed that, either. No doubt the drough…

Great cloud services, or the fact that my work has in no way been accelerated by newer processors. The only noticeably workflow-related speed increase I've had in the last five years is damn near zero-margin SSDs.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#89
post #49

Earlier quoted context omitted.

News like this out of the blue is strange. I was pretty sure that the post-PC era was a sham. It still is, right?

How much of your time is now on a mobile that used to be on a desktop? Their core business is drying up.

> How much of your time is now on a mobile that used to be on a desktop?

None, since I don't want to have (and don't have or own) a portable surveillance and tracking device (also called mobile phone) in my pocket.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#90
post #19

I wonder if this is related at all to the Altera acquisition, and how many of those employees will be affected. Intel had to give up a lot of cash, and take on quite a few redundant employees…

Didn't they acquire McAfee too ? How did it ever make sense for an hardware company ?
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