This is almost a fifth of the proceeds.
Intel’s 10-K annual report contains many interesting revelations, which for a number of reasons were not presented by the company’s management at the reporting event on Friday. It became known, for example, that the degree of negative impact of inventory surplus on the company’s gross profit is estimated at $ 2.16 billion. The negative impact of this factor on operating profit is estimated at $ 969 million, with slightly less than half of this amount coming from the server division of Intel.
Image Source: Intel
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In total, as of the end of the year, Intel had stocks of products totaling $13.2 billion. Considering that revenue did not exceed $63 billion, it can be understood that almost a fifth of this amount was “frozen” in the form of stocks of finished products. How soon they will be able to be implemented at least partially, Intel representatives at the quarterly reporting conference could not predict.
