YES...lots of good data and statistics in the link that SMOKIE put up. After reviewing all that info....an EPIC BEAT. The only micro-blip I see is....GAMING revenue down by about 1% from the prior quarter....although up by 30% year over year. I dont know what expectations were. Automotive and robotics was up by 1% and 32% from a year ago....although I dont know what expectations were. Certainly not a big focus of the company right now. For a mature company....HUGE MARGINS....For the quarter, GAAP and non-GAAP gross margins were 73.4% and 73.6%, respectively.
I am not expecting any BIG FIREWORKS tomorrow. At the moment only up by about $8 a share. We will be lucky to get $5-$8 tomorrow in my view. AND...unfortunately after that the good old financial media will be beating away on the.....negative drums....as usual. AND...if we are lucky enough to get a gain of $8 tomorrow....the stock will still be $18 below the prior high. So in other words.....a typical good SINGLE day for the stock at best tomorrow....at worst NOTHING. BOOM.......SHOW ME THE MONEY.......at least for a couple of days.
At least now we are basically about 90% to 95% done with earnings. There is NOTHING that will happen over the rest of the year except for the December FED meeting and rate cut DRAMA.....and a few government labor and data reports. So the the short term, the speculators, the market manipulators, and the traders, will be the usual focus of the short term..... I say......WHATEVER. F....off.
