Guess they should have kept going with StrongARM/XScale. They could've had a mature, trusted product line by now.
Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight
301–310 of 531 posts
Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight
#302Earlier quoted context omitted.
That's why they're cutting 11% of their workforce.
I must say, I'm surprised by how much their workforce swelled. Why did their workforce rise so much after 2009? Was this in the Bay area? Did this rise bring in additional revenue/create new business lines?
One of the things mentioned in the story is that the "period of [staff] growth includes its two largest acquisitions, McAfee in 2011 and Altera last year".
I'd assume these acquisitions added to revenues.....
Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight
#303Earlier quoted context omitted.
man, I do believe the market in general is over valued. but not from the PE ratio. that metric is almost in shape: https://www.quandl.com/data/MULTPL/SP500_PE_RATIO_MONTH-S-P-... check how high it was in the 2000 and 2008, we're aren't even close
If you'll look at your chart, those peaks in ~2002 & ~2009 were market bottoms, earnings had already dropped precipitously; and they were also black swan events. Historically from a F P/E and P/E ratio, the market is overvalued, even without a black swan. Also when you look at the debt market right now, it does not look healthy at all. That's usually a sign that something is brewing, usually a recession. However, sto…
> companies like Tesla, Netflix, anything with a super high P/E is going to be taken out back and shot
Not that I disagree with you, but I believe a contrarian viewpoint would be something along the lines of "We are currently in the midst of an economic revolution as increasingly large swathes of activity are digitized and lingering mechanical/human processes are computerized. Companies likely to be successful in this new economy are unlikely to be the same ones which were successful in the old."
(To which the obvious rebuttal is probably "People are always saying things are about to be different, and they're usually wrong.")
Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight
#304H1B use is up, though. http://dailycaller.com/2016/04/19/intel-lays-off-12000-peopl...
Last I checked they were the #1 sponsor for EEs/Computer Engineers. It's appalling that Congress looks the other way when abuse is clearly evident.
Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight
#305So 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.
I don't see why job losses are a bad thing. The last generation of machines was built so well that people don't need new ones. Good! This should be a great thing. Valuing growth over sustainability makes these backwards ass goals of hiring more, building more and growing. The way this is spun is pretty horrible. Amazon and Wal-mart losing is a good thing for the environment and society as a whole. You yell, "But peop…
It's important to distinguish "a bad thing for the economy in general" from "a bad thing for an individual's share of the economy". Job loss without a corresponding drop in production is a good things for the economy as a whole - it's getting what's demanded more efficiently. It's terrible for the unemployed individuals in question, since they lost the leverage they were using to extract a larger share of the total economic output.
Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight
#306testing
Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight
#307> “It’s acknowledging the reality that it’s a single-digit growth world,”
Oh, the horror.
Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight
#308Earlier quoted context omitted.
I don't see why job losses are a bad thing. The last generation of machines was built so well that people don't need new ones. Good! This should be a great thing. Valuing growth over sustainability makes these backwards ass goals of hiring more, building more and growing. The way this is spun is pretty horrible. Amazon and Wal-mart losing is a good thing for the environment and society as a whole. You yell, "But peop…
A relative few Silicon Valley elites living like kings while everyone else lives in a tiny box trying to raise their families on their meager Basic Income stipend doesn't sound like a utopia to me.
How does that work? If I have a meager income I'm not buying an iPhone or a desirable target for ads from Instagram.
Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight
#309Earlier quoted context omitted.
I don't see why job losses are a bad thing. The last generation of machines was built so well that people don't need new ones. Good! This should be a great thing. Valuing growth over sustainability makes these backwards ass goals of hiring more, building more and growing. The way this is spun is pretty horrible. Amazon and Wal-mart losing is a good thing for the environment and society as a whole. You yell, "But peop…
A relative few Silicon Valley elites living like kings while everyone else lives in a tiny box trying to raise their families on their meager Basic Income stipend doesn't sound like a utopia to me.
Don't worry. For BI to occur, the kings will first fall. Remember, they chose this course, and will follow it until the end-- they always do.
Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight
#310Earlier quoted context omitted.
128 cores?
Your laptop already has a GPU, which has more cores than that. Let's take the segment of the market with an NVidia GPU. They have CUDA, one of the most polished development environments for GPGPU today. When was the last time you wrote something in CUDA? What was it for?
Interestingly enough, I doubt any of the GPUs actually has even 128 physical independent cores (cuda cores are not actual cores).