Big Tech & Big Red
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 20 April 2016
⏱️ 19 minutes
🧾️ Download transcript
Summary
Intel’s profits are overshadowed by the company’s job cuts. Intuitive Surgical hits a new high, while Coca-Cola’s sales fall for the 4th quarter in a row.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | It's Wednesday, April 20th. |
| 0:03.3 | Welcome to Mark Foolery. |
| 0:04.5 | I'm Chris Hill joining me in studio today for a million dollar portfolio and supernova |
| 0:08.1 | Matt Argusinger and Simon Ericsson. |
| 0:10.8 | Happy Wednesday, Janse. |
| 0:11.8 | Hey hey, hey Chris. Earnings Palusa is kicking |
| 0:15.1 | into high gear, thank God. The day we don't have to worry about the news fairy. |
| 0:20.1 | It just keeps on, she just keeps on giving every day. |
| 0:23.0 | These are the days where the news fairy is a nuisance. |
| 0:25.0 | We don't want the news fairy. |
| 0:27.0 | She's giving us too much. |
| 0:28.0 | You know, because then it forces us to choose. |
| 0:30.0 | But we've got, uh, we've got the latest from Coca-Cola Yahoo, Intuitive, surgical, |
| 0:35.6 | will dip into the full mailbag, but let's start with Intel. First quarter |
| 0:39.9 | profits came in higher than expected, Simon. That doesn't appear to be the headline though |
| 0:44.6 | because they lowered guidance and they are cutting about 11% of their workforce. That is |
| 0:51.4 | not insignificant. |
| 0:52.6 | 12,000 jobs right and this should surprise absolutely no one because PC shipments |
| 0:57.8 | have just been declining for year over year for the last five years Chris. |
| 1:01.2 | I hit the peak in 2011. |
| 1:04.0 | We've seen year of year PC shipments decrease each year since then, about 300 million shipments last year. |
| 1:09.0 | But just like Intel is right in the middle of it, PC chips are less in demand right now by the global market. So what do you do? You go out and you try to buy |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.