Here is your earnings forecast for 2011. As you can see, the sequenceality is even lower than the historical. If the son-in-law even the total earnings 2011 and multiply by application 15 ( that often Intel is even below the growth rate for 2011) P/E, we get 1.85 * 15 = 27 dollars. А на 2010 year, 1.68 *15= 25 bucks. And Intel is already trading in the area 23-24.
And this is generally a joke, taken from highlights. Almost everything fell sequentially
Q1 2010 Highlights (all comps sequential)
PC Client Group revenue was flat, with record mobile microprocessor revenue.
Data Center Group revenue down 8 percent.
Other Intel Architecture group revenue down 9 percent.
Intel® Atom™ microprocessor and chipset revenue of $355 million was down 19 percent.
The average selling price (ASP) for microprocessors was slightly up.
Excluding shipments of Intel Atom microprocessors, the ASP was approximately flat.
R&D plus MG&A spending of $3.1 billion was higher than the company’s prior expectation.
The effective tax rate was 29 percent, in-line with the company’s prior expectation.
Net revenue
Diluted earnings per share
Geographic Breakdown
We left at the expense of Asia-Pasific
