The Main reason that caused the disappointment of Intel investors in the quarterly report - cost increases with a decrease in revenue. It resulted in a drop in operating profit by 16% for the year, and reducing net income by 13%. Intel's stock price after the publication of this statistic decreased by almost 5%.
Intel CFO Stacy Smith explained that the total capital expenditure and expenditure on research and development in 2014, almost unchanged compared to the previous period. However, the priorities in this area will be ranked differently: preference will be given to developments related to the tablet, data centers and chips with a high degree of integration and low power consumption. During the quarter, Intel will introduce processors Ivy Bridge-EX for server applications.
On the eve of reporting Intel admitted that suspends equipping buildings erected factory Fab 42 in Arizona, USA. Today company executives explained that the construction of Fab 42 began three years ago, when the growth rate of demand for processors inspire much optimism. Now run another factory just is not necessary and just built housing will be empty until better times. Intel CFO made it clear that the empty factory will not significantly burden the company of their expenses, and it is better to leave the body empty, than to freeze it already together with the installed equipment.