Bloomberg Intelligence Bloomberg Bonus Episode: Apple and Intel Earnings
Jan 30, 2025
Angelo Zino, a Senior Equity Analyst at CFRA Research, and Caroline Hyde, Bloomberg Technology co-host, dive deep into the earnings reports of Apple and Intel. They examine Intel's leadership upheaval and its need for a new CEO amidst rising competition. Zino sheds light on Apple's struggles in the Chinese market impacting iPhone sales and the pressure to innovate. The discussion also touches on the broader implications for tech giants navigating fierce market challenges and strategic shifts in the semiconductor industry.
AI Snips
Chapters
Transcript
Episode notes
Apple's Headwinds
- Apple faces headwinds from China's market and a slow AI rollout.
- These challenges present significant hurdles for the tech giant.
Intel's Q1 Performance
- Intel's Q1 results were acceptable, meeting expectations, but guidance was lighter.
- The company's PC and data center businesses faced declines, though not drastically.
Intel's Turnaround Challenges
- Intel's core businesses, PCs and data centers, are under pressure.
- The company needs new leadership and a clear direction.