by Paul Alcorn January 25, 2018 at 5:25 PM
Intel reported its fourth-quarter financials today in what was probably one of the company's most anticipated briefings in recent history.
Intel's financial performance has always been solid, often led by stellar +60% margins, but this briefing was somewhat different as some predict that the shadow of the Meltdown and Spectre vulnerabilities threaten to blot out some of Intel's black ink. That surely didn't happen, though, as Intel posted record results yet again and its stock is up 4% after hours. We also learned some new information about the company's plans to address the vulnerabilities and a surprising decline in the company's desktop processor sales.
Overall, Intel reported yet another banner quarter with an 8% increase in quarterly revenue, up to $17.1 billion, with the data center, programmable solutions (FPGA), and IoT groups leading the record revenue (excluding McAfee). Full-year 2017 revenue weighed in at $62.8 billion, a healthy 9% YoY growth rate. Notably, earnings per share were up 37%.
Here Comes The Silicon Patch
Intel CEO Brian Krzanich started the call with a short restatement of the company's commitment to security, which sounded very similar to his statements in the CES 2018 keynote.
Prease to read more here:
The always colorful creator of Linux had some comments about the whole fiasco:
If you want to check if your CPU is vulnerable, try this tool:
My C2D and C2Q processors are vulnerable to both. My Phenom II processor is only vulnerable to Meltdown.
I'm still running haswell on windows 7. PCID is not enabled on windows 7 even though the processor is capable. Plus Intel even pulled the microcode update due to instability.
What a mess.
Right now it's just PR battle for Intel. You can't deny problem, so you have to make people believe, that "something" has been done and everything is ok. As there is no alternative, everybody will buy those processors. And for many of them it's just convenient to believe, that there is no problem anymore and everything has been fixed.
As to stock price: it's already casino game, that is not really tie to actual company condition. If you got good PR they will buy stock even if you on edge of bankruptcy.
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