Intel’s latest Investor Day made SemiAccurate realize how adept they had become at analyst misdirection games. The methodology used is both factually accurate and plays by the rules but the end result is directly opposed to the professed intent.
If you think the contra-revenue program is going to end and/or Intel will be a real player in mobile, you might want to reconsider that conclusion. If you think Intel is going to succeed with their investments in Rockchip and Spreadtrum, you might want to reconsider it too. This isn’t to say that any of the three companies won’t benefit from their association, just that the intended goal is nothing like Intel wants you to believe it is.
Intel has a big and as SemiAccurate sees it, quite unfixable problem in the mobile space. Lets look at this problem and the ostensible solutions using Intel’s words and statements while occasionally pointing to the man behind the curtain. As individual statements, everything said is quite rosy but taken as a whole, it is obvious that things are essentially untenable.
Note: The following is analysis for professional level subscribers only.
Disclosures: Charlie Demerjian and Stone Arch Networking Services, Inc. have no consulting relationships, investment relationships, or hold any investment positions with any of the companies mentioned in this report.