Intel is moving aggressively into the tablet and phone segments as Netbook sales begin to plateau, Chief Financial Officer Stacy Smith said in an interview today with CNET.
Intel reported blockbuster first-quarter profits today of $3.2 billion, up 29 percent over the same period last year. Revenue came in at $12.8 billion, up 25 percent year-over-year. And the chipmaker is investing some of these hefty earnings into cutting-edge chips that will power smartphones and tablets in an effort to close the gap with competitors like Qualcomm and Samsung.
Smith confessed that Netbooks are the most vulnerable to tablet … Read more