The pessimism is because Intel is behind by tens of billions of dollars, and more importantly, years. Many years. Effecting management change and developing the right workforce with the right expertise is not a given, even if they were previously earning $20B net income per year.
One could easily say this is the business with the highest barriers to entry in the world (hence the highest profit margins and profits in the world).
The pessimism is because Intel is behind by tens of billions of dollars, and more importantly, years. Many years. Effecting management change and developing the right workforce with the right expertise is not a given, even if they were previously earning $20B net income per year.
One could easily say this is the business with the highest barriers to entry in the world (hence the highest profit margins and profits in the world).