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CEO says Intel has recovered from missteps...

F

fkloster

Diamond Member
Story here.

Throughout the year, Intel has struggled from making the wrong bets on microprocessor production to failing to meet delivery schedules. Its rival, Advanced Micro Devices Inc., has been giving Intel a run for its money this year with new product introductions
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Originally posted by: naruto1988
i just realized i never knew what AMD stands for...Advanced Micro Devices...lol
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Turn in your geek card 😛

EDIT: Could you quote all the good parts so we don't have to reg over there? 😀
 
Intel Corp. chief executive Craig Barrett said Tuesday the company has "recovered" from product missteps that plagued the chip maker during the first half of the year.


Craig Barrett, chief executive officer at Intel Corp.

"I think the machine is firing on all eight cylinders in terms of product introductions," Barrett said during the company's analyst meeting, which was broadcast over the Internet.


Oregon is one of Intel's key research hubs. The company is the largest single industrial employer in Oregon.


Throughout the year, Intel has struggled from making the wrong bets on microprocessor production to failing to meet delivery schedules. Its rival, Advanced Micro Devices Inc., has been giving Intel a run for its money this year with new product introductions.


According to Barrett, the Santa Clara, Calif.-based company still sees an "immense growth opportunity" in the communications market and has "fully recovered" from the pricing missteps in its memory business. Over the last two or three quarters, Intel gained back share in memory chips, said Barrett.


Intel had wrongly bet customers would pay higher prices for memory chips. Customers, however, simply abandoned Intel for a cheaper supplier of memory chips.


During the analyst meeting, Paul Otellini, Intel's president and soon-to-be CEO, said next year Intel will be shipping dual-core microprocessors in its desktop, servers and mobile computers. Dual-core is a single semiconductor that has two central processing units that can perform simultaneously. It's expected to gain traction next year. According to Otellini, by 2006, 70 percent of Intel's product line will be dual-core.


Otellini noted the company is seeing continued growth in notebook computers. He said this year will mark the first year in which notebook sales surpass desktop sales in Europe. According to Otellini, that trend, already taking place in Japan, will happen in the U.S. in the "not too distant future."


Shares of Intel closed Tuesday at $23.48, down 53 cents, or 2.2 percent, on the Nasdaq Stock Market.
 
Barrett should fish less and work more. If he had listened to his engineers instead of his marketing department, Intel might not be in this mess in the first place.
 
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