Edit: Didn't read the rest of today's posts when I wrote this - clear that you are already all of this - 

lt cap,

I also noticed that a good number of companies are missing their already-reduced estimates, and living the consequences.

It's strange, or maybe it isn't, that INTC I think met numbers, but acknowledged more pc weakness going forward. And of course (as you must know) announced a layoff of 12k workers. Reaction was initially negative, but it is now up 1.5%. INTC did say that they will be shopping to acquire a datacenter company. If you can't really grow organically........

Seems like they're getting a 'free pass' on their CC so far.

I have a great interest, but I do not have a line on how their inititives in other spaces (more server chips, handheld device chips, etc.) aer fairing. Report that Apple may minimize the business they give to INTC in the next iphone iteration, I think.