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Essay

Intel

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Issue:

Business

 

Written by:

Kimberly B

 

Date added:

October 29, 2016

 

Level:

University

 

Grade:

C

 

No of pages / words:

2 / 380

 

Was viewed:

10178 times

 

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Essay content:

With Intel now trading around $23, Intel just lost close to $300 million by investing in its own stock. ==> Overhead is exploding. Marketing, general and administrative expenses (overhead) increased from $1.12 billion last year to $1.47 in Q3 of this year. That extra $350 million is pure overhead and one of those telltale sales of a company that is growing too fat for its own pants...
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Marketing, general and administrative expenses (overhead) increased from $1.12 billion last year to $1.47 in Q3 of this year. That extra $350 million is pure overhead and one of those telltale sales of a company that is growing too fat for its own pants. ==> $145 million of Intel's $2 billion of Q3 profits was from interest and "other" income...
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