Intel stock tumbles after brutal results

I didn’t buy Intel stock back when ever, but I came really close.  I wonder if Satan thought I did buy it and that is the reason it is behaving like the stock I am holding.  NOT GOING UP!!!  Yeah, I blame Satan. LOL

This from CNBC

• Intel shares closed down 6.4% on Friday, a day after the company reported dismal quarterly and full-year 2022 results.
• One analyst said there were “no words” to describe the collapse of Intel, which has suffered as consumer demand for PCs has slackened overall.
• The company posted a 32% year-over-year decline in revenue and a net loss of $644 million for the quarter.

Intel’s stock is down more than 46% from its 52-week high. And from where I was considering buying it.

Good computers are over priced and affordable computers are not much of an improvement over older computers. And then there is that God awful Microsoft that wants to hijack your life and boss you around and put you through update hell and even stop you from logging into your own gd computer because you can’t access your microsoft account. (Not me, but a neighbor I was trying to help.) Anyways, maybe Intel needs to tell computer makers and Microsoft to clean up their freaked up act.