last time (thought I'd have look back at the 3rdQ)
Oct. 17 (Bloomberg) -- Intel Corp., the world's largest computer-chip maker, said third-quarter profit fell 35 percent amid price cuts and market share losses. ...
INTC After Hours: 21.30 Up 0.40 (1.91%)
Their profit is dropping but they beat estimates. But instead of people buying assuming that the worst is over, they're selling (at least in AHs).
So I guess we can put that in the bear camp for today.