John Paczkowski

Recent Posts by John Paczkowski

Intel: The Horror…the Horror

If it’s true that the semiconductor industry is among the first sectors to recover after a recession or economic slowdown, then the coming months are looking pretty bleak. Semiconductor giant Intel (INTC) said this morning that its preliminary fourth-quarter revenue has fallen to approximately $8.2 billion–down 23 percent year-over-year. Seems “further weakness in end demand and inventory reductions by…customers in the global PC supply chain” have caused the company to miss a forecast that it cut by $1 billion less than two months ago. Worse, this latest drop in revenues surpasses the 20 percent decline Intel reported in the fourth quarter of 2001–after the first tech bubble burst.

Happy days. Sigh.

As one might imagine, Intel investors have not reacted favorably to the news and are at this very moment fleeing en masse into the woods. The company’s shares are trading down nearly six percent as I write this.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work