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Bloomberg Surveillance

Bloomberg Bonus Episode: Apple and Intel Earnings

Bloomberg Surveillance

Bloomberg

Investing, Business News, Business, News

3.81.2K Ratings

🗓️ 30 January 2025

⏱️ 38 minutes

🧾️ Download transcript

Summary

Bloomberg's Carol Massar and Tim Stenovec discuss the latest Big Tech earnings featuring Apple and Intel. They speak with:

  • Bloomberg News Technology Reporter Jackie Davalos
  • Angelo Zino, Senior Equity Analyst at CFRA Research
  • Bloomberg Technology Co-Host Caroline Hyde

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Want to understand exactly how interest rate rises will impact your mortgage?

0:07.2

Or how New York City gets fresh produce?

0:09.6

Or exactly what on earth was going on over at FTX before the whole thing collapsed?

0:14.6

Twice a week, we sit down with the perfect guest to answer these sort of questions

0:18.0

and understand what's going on with the biggest stories in finance, economics, business, and markets.

0:23.9

I'm Tracy Alloway.

0:25.0

And I'm Joe Wisenthall.

0:26.6

And we are the hosts of Bloomberg's All Thoughts podcast.

0:29.4

Look us up wherever you get your podcasts.

0:31.4

The All Thoughts podcast from Bloomberg.

0:42.2

Bloomberg Audio Studios.

0:45.1

Podcasts Radio News.

0:52.8

This is Bloomberg Business Week with Carol Masser and Tim Steneveck on Bloomberg Radio.

0:57.6

You want to get to some earnings because we're seeing some stocks move here in the aftermarket.

1:01.9

Intel shares, they are right now up about 2%. This is as we got in terms of some of the big headlines from Intel C's first quarter adjusted gross margin of 36%.

1:08.4

That's below what the street was forecasting of about 39.3%.

1:12.3

Go back to the fourth quarter, the last quarter. Revenues, that was a beat, 14.26 billion

1:17.9

versus an estimate of 13.81 billion. And again, talking about first quarter revenue, some forecasts here,

1:24.5

a bit of a range, 11.7 billion to 12.7 billion, and that, Tim, compares

1:29.2

with the street estimate of 12.85 billion. But again, right now we're seeing Intel up about 2%.

1:34.5

I know they also talked about in terms of some spending, right? And I think basically saying

1:39.6

they will not be spending speculatively. So I feel like some of that plays to maybe some of the commentary we've had about the AI

...

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