Report: Intel CEO Bob Swan says the chip company decided to exit the mobile 5G business after Apple and Qualcomm announced their settlement
not vice versa as many thought. http://www.wsj.com/... via Alexei Oreskovic / @lexnfx : World class euphemism-game by Intel management on earnings call: After cutting full year rev expectations by $2.5 BILLION, the CEO describes INTC cloud biz as being “in a digestive period.” Mike Rogoway / @rogoway : For all of 2019, Intel now forecasts sales of $69 billion, down 2.6 percent from last year and below the company's prior forecast of $71.5 billion. http://bit.ly/2W5Wt5h https://twitter.com/... Charlie Bilello / @charliebilello : Intel's revenue growth turns negative for the first time since 2015. $INTC pic.twitter.com/2qlV40WNAn