Economics for Investors

Intel SOA Journal on Ulitzer Intel, bless its mercenary little heart, did way better in the fourth quarter than anybody, including its own diviners, expected. After the Wall Street market closed Thursday it put $2.3 billion in earnings on the table, up a giddy 875% from the '08 nightmare, on revenues of $10.6 billion, up 28% year-over-year. It said the quarter was one of the most profitable ever, especially in the last decade. That works out to 40 cents a share when the punters only expected 30 cents. Intel claimed a record never-before-seen gross margin of 65%, up 12 points year-over-year and way above its average, plus an operating income of $2.5 billion, up 62% year-over-year. Shows you what trimming the workforce can do for your numbers. Absent the $1.25 billion sett... (more)

AMD & Intel Trade Share

Economics for Investors on Ulitzer AMD took PC unit share from Intel and Intel took server share from AMD last year according to IDC. Intel reportedly went from 80.3% to 79.7%, down 0.6%, in total PC MPU shipments last year while AMD went from 19.2% to 20.1%, up 0.7%. In servers Intel was up 3.2% to 89.9% while AMD slid the same 3.2% to 10.1%. With shipments up 31% in Q4, IDC figures tota... (more)

Another Galleon Player Pleads Guilty

Mark Kurland, the co-founder of New Castle Fund and Danielle Chiesi's boss - the aging beauty queen whose charms allegedly persuaded ex-IBM SVP Robert Moffat to tell her company secrets - pleaded guilty Wednesday to two counts of insider trading but has refused to rat Dani out and cooperate with the authorities. (Man, she must be good.) Kurland's decision to waive indictment on conspiracy... (more)

Google Founders to Sell Shares

Google Journal on Ulitzer In the name of liquidity and asset diversification, Google founders Larry Page and Sergey Brin are each going to sell five million shares of Class B stock in the company over the next five years, a move that should ultimately reduce their combined voting rights from 59% to 48%. CEO Eric Schmidt still controls 10% of the vote and together with the rest of the chi-... (more)

Karl Rove and Neil Bush Unite at Summit

The latest in the highly anticipated NG O&G summit has just taken place in New Orleans. Today, energy is at a crossroads. While the energy crisis has made its mark in the media the industry met to discuss the impacts on the sector. It is of utmost importance for the industry to pull together securing the future of all involved in America. With the weak dollar affecting Oil prices and a de... (more)