No need to worry about intels earnings, they already came out and said things weren't all that well about a month or ago or so, so tonight's earnings from intel are pretty much a non event, the stock price is down over 20% from its highs. Wont really matter one way or another, this rally will stay intact and rally all week and month as everyone cheers QE2.
EPS is for 50 cents
Revenue 10.99B
Just keep in mind that last quarter intel reported .51 cents a share and revenue of $10.8 billion.
If intel reported .51 last quarter how can .50 be such a difficult beat.
Think they will come in with an EPS of .54 with revenue just above $11 Billion.
Only thing that can really send intel down hard are their margins, right now they are looking for 66%. A drop below 65% and it could spell some trouble for intel.
EPS is for 50 cents
Revenue 10.99B
Just keep in mind that last quarter intel reported .51 cents a share and revenue of $10.8 billion.
If intel reported .51 last quarter how can .50 be such a difficult beat.
Think they will come in with an EPS of .54 with revenue just above $11 Billion.
Only thing that can really send intel down hard are their margins, right now they are looking for 66%. A drop below 65% and it could spell some trouble for intel.
