revenue fall 6.9% from Q4′s levelto $2.6 billion, which was up 7.5% from the prior-year period. Intel CEO Paul Otellini remarked, Amidst market softness, Intel performed well in the first quarter and I’m excited about what lies ahead for the
On Monday, Intel INTC announced that CEO Paul Otellini will retire in May 2013 after almost 40 years at the firm. We are maintaining our fair value estimate following the news. We
NEW YORK, May 17 (Reuters) - Smartphones using Intel's mobile processors will go on sale early next year and the world's biggest chipmaker is also on track with processors for tablets, Chief Executive Paul Otellini said on Tuesday.
second highest in the free world after Japan. Congress could help by reducing that rate to at least 20%. CEOs speak: Paul Otellini , CEO of Intel which employs 80,000 people, worries that America will not be the center of the innovation universe much
makers worked off excess inventories. Intel once again did not provide an outlook for the upcoming quarter. However, CEO Paul Otellini said he believed PC sales had bottomed out during the first quarter. While this may have been true from Intel's perspective
laid off, and it reshuffled its executive ranks to speed decision-making. We had hoped for more concrete news, but CEO Paul Otellini stated the restructuring program will be completed in the second half, and we expect it will help reduce expenses further