Intel Earnings as Cloud Cusp: 200% YoY Growth

From a Goldman Sachs note this morning on Intel’s earning, some very bullish musings on cloud computing:

…the company saw 50% sequential growth and 200% yoy growth in its cloud business, defined as sales to both public and private cloud implementations. We believe that this is another positive datapoint for the adoption of cloud computing infrastructure by enterprises. We remain heavily skewed on our Buy ratings to a broad spectrum of Cloud secular winners including, SuccessFactors, Taleo, VMware and Akamai. [-]