Intel's Mobile Dilemma
May 4, 2016
Has Intel given up on mobile processors? It’s long been urged by Wall Street that it should.
This time last year J P Morgan said mobile processors were a “money pit” for Intel while Morgan Stanley said intel needed $8-10 billion of mobile revenues to break even which “seems unachievable.”
Morgan Stanley estimated Intel’s mobile opex at $3.7 billion on top of which it had to pay customers $50 a chip-set to use them.
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