How could Intel leadership be so incompetent?
For the leadership, it was a cash cow. They got a fat dividend doing very little, even as upstarts blasted past them.
They had the inside track to hundreds of billions in revenue and just decided to coast.
At some point, the effort to get from $10B to $100B isn’t worth the pressure. How many extra yachts do I actually need?
BakerBagel@midwest.social 1 day ago
Because modern western business is about cashing out the business to squeeze out a couple extra bucks each quarter. They aren’t interested in making a product, just cutting costs, raising prices, and issuing stock buybacks