Post ID: @IBN1Jdp
INTEL IOTG Kiss of Death - By Time Will Tell
Apparently, we here (better than INTEL HR, IOTG and CCG idiots, who are trying to spit on us) MUCH better project INTEL future results... Then Executive Management (Bug OFF, morons)!
_How's profitability look?
In the first quarter, Intel's IoT business saw operating profit rise to $123 million, from $87 million in the year prior . This quarter, things didn't look so hot.
Operating income fell to $89 million, down significantly both from the prior quarter and from the year-ago quarter's $145 million. I don't think that Intel is suffering from gross profit margin compression here; instead, it's being hit by a loss of operating leverage. The company has likely increased its research and development spending on IoT year over year, so when revenue doesn't grow as much as planned, operating income suffers._
http://www.fool.com/investing/2016/07/27/why-intel-corps-internet-of-things-business-slowed.aspx?source=yahoo-2-)
Time Will Tell