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Bloomberg Bonus Episode: Apple and Intel Earnings
2025/1/30
Bloomberg Technology
Intel's first-quarter earnings results are discussed, revealing a mixed bag of news. While the company beat revenue expectations, gross margins fell short of forecasts. The lack of a permanent CEO and the company's strategic direction are key uncertainties.
- First-quarter adjusted gross margin of 36% (below forecast of 39.3%)
- Revenues beat expectations ($14.26 billion vs $14.6 billion)
- Search for new CEO following Pat Gelsinger's departure
- Next quarter revenue forecast below estimates ($11.7 to $12.7 billion vs $12.85 billion)
- Concerns about competitive dynamics and macro uncertainties
Shownotes Transcript