Mid-week Reading While The Boss Is Not Looking

In the U.S., at least, the heat is on for Christmas. Computer sales are slow (though not add-ons, like CD-RWs). You’ve waited until the last minute. What should you do? Just Say No? Mind you, I’m talking about computer equipment.

Intel reported fourth quarter revenues down 19% with operating income down 50% compared to the third quarter; AMD has not reported yet, but if Intel is down, AMD’s fourth quarter results will be much worse.

Intel announced substantial price cuts for selected CPUs among its 775 series while AMD announced substantial job cuts and a $622 million goodwill write-down associated with the ATI acquisition – On January 20th, AMD announced Phenom price cuts of 17%.