Is INTC worth to keep? That’s the question in my mind for 6 months. Maybe this statement will help a bit…
Apple sold 3.89 million Macs during the quarter, a 27 percent unit increase over the year-ago quarter. The Company sold 14.1 million iPhones in the quarter, representing 91 percent unit growth over the year-ago quarter. Apple sold 9.05 million iPods during the quarter, representing an 11 percent unit decline from the year-ago quarter. The Company also sold 4.19 million iPads during the quarter (link)
Based on above statement, Macs sales are lower than other devices for Apple. People are buying more mobile phone, ebook nowadays than PC / notebook. Intel is only involved in Macs processor. And it delayed its phone processor to next year (which should be arrived on 2H). As a result, here is INTC stock performance for past 6 months.
INTC
AAPL
Intel stock price dropped 20% while Apple stock price increased 25% for the past 6 months. Result tells everything. I already set my INTC selling target price at $24 (buying price). But it just won’t reach there. 😛
