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Intel Data Storage The Almighty Buck Hardware

Intel Revenue Dives $1bn On Hard Disk Shortage 198

nk497 writes "The hard disk shortage caused by the flooding in Thailand will cost Intel $1 billion in lost revenue, the company said. It had initially predicted revenue of $14.7bn this quarter, but that will now be $13.7bn, it said. 'Sales of personal computers are expected to be up sequentially in the fourth quarter,' Intel said. 'However, the worldwide PC supply chain is reducing inventories and microprocessor purchases as a result of hard disk drive supply shortages.'"
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Intel Revenue Dives $1bn On Hard Disk Shortage

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  • Re:Revenue? (Score:5, Interesting)

    by Grishnakh ( 216268 ) on Monday December 12, 2011 @02:32PM (#38345468)

    Wrong. In American capitalism, if your company isn't constantly growing or constantly making a bigger profit, then it's "dying". Then your stock will be downgraded by ratings agencies and stockholders will sell it off.

    It isn't true for privately-held companies, but for publicly-traded companies it is.

  • Re:Revenue? (Score:5, Interesting)

    by Baloroth ( 2370816 ) on Monday December 12, 2011 @02:41PM (#38345606)

    Profit is inherent in the concept of trade. Two people agree to an exchange because both value what they receive more than what they had. In a very real way, a fair trade involves both parties profiting. In different ways, true, but profit nevertheless. This drives trade, and has for thousands of years. For producers, they generally receive the profit as money. Intel is a producer.

    If this fact did not hold, trade would not create profit, there would be no incentive to trade or produce, and the entire system of production would collapse. Incidentally, this is also why Marxist Communism doesn't work... or one reason, anyways.

  • by mandark1967 ( 630856 ) on Monday December 12, 2011 @02:45PM (#38345654) Homepage Journal

    I tried to order a Seagate Barracuda SATA 6GB 3TB Drive and Newegg and they wanted $400. I ended up buying two Seagate Expansion USB 2.0 3TB Drives for $199 each and I removed the Seagate Barracuda SATA 6GB 3TB Drives from the enclosures and saved $400 on my total order.

  • by Beelzebud ( 1361137 ) on Monday December 12, 2011 @02:59PM (#38345822)
    Good thing we can't make hard drives any where else in the world! I love globalization. I don't know anyone in the states that could be trusted to work at a plant making hard drives. They'd expect to be able to pay for food, shelter, and clothing, and we can't have that!

"my terminal is a lethal teaspoon." -- Patricia O Tuama