otellini

SAN FRANCISCO--There is a light at the end of the dark financial tunnel, Intel President and CEO Paul Otellini said onstage at the Web 2.0 Summit on Thursday morning. And he brought out a shiny new toy to prove it.

"All the smart people I've talked to in this area suggest that the U.S. is in a two- to three-quarter recession," Otellini said, though he added that the current economic slowdown is "the deepest one I've seen in my lifetime" and predicted that morale may stay low for longer because unemployment may … Read more

Intel is seeing solid results for the Atom processor--possibly giving the first significant evidence of Intel's likely future as a bigger provider of low-cost processors.

Intel confirmed on Tuesday that Atom is hot. CEO Paul Otellini said that Intel didn't meet demand in the third quarter and still can't meet demand. "We did not meed demand in Q3 for the product. We are up again substantially in the fourth quarter. Our expectation is that we will meet demand by the end of the year," Otellini said.

And many of the questions from analysts in Tuesday'… Read more

Intel CEO Paul Otellini had mostly upbeat news on Tuesday when the world's largest chipmaker reported solid earnings, but Atom processor issues and weakness in the flash memory business were recurring themes in the earnings conference call.

One of the most interesting comments made during the conference call on Tuesday by Otellini was about the Atom processor. "(Atom) is less than a third the performance of our Centrino (processor). You're dealing with something that most of us wouldn't use," he said.

Though he qualified this by repeating the mantra that Atom is "principally designed … Read more

Intel says its business remains unaffected by the economic headwinds set loose by the subprime crisis.

Speaking with analysts following the release of its second-quarter earnings statement, Intel's brass remained upbeat about demand for Intel products--especially for notebook processors.

"We are very aware of the global economic issues which dominate the world these days," said Intel CEO Paul Otellini. But he quickly added that order patterns played out as expected in Q2 and that the company sees "continued healthy demand" in the third quarter.

That news may provide some relief to worried Wall Streeters, fretting … Read more

Intel gave CEO Paul Otellini a substantial pay raise last year, doubling the value of his compensation, according to a filing with the Securities and Exchange Commission.

Otellini's total compensation package clocked in at $12.1 million last year, up from $5.9 million the previous year--an increase of 104 percent.

Intel investors, meanwhile, saw the chip giant's stock jump 33.6 percent during the year, as the Dow logged a 5 percent gain and the Nasdaq a 7.6 percent increase.

Otellini's pay hike was the result of trying to bring his compensation package in line … Read more

With Intel's focus on the new Atom-brand processors being described at the Intel Developer Forum this week, "Atom-powered" is the obvious description of the mobile Internet devices (MIDs) these chips will go into... and it seems like half the IDF stories on the Internet this week are using that phrase.

Intel, however, seems to want even more hyperbole-- it expects people to believe that Atom will recharge the whole company. CEO Paul Otellini reportedly said "This is as important to Intel as the launch of the Pentium in the mid-1990s"-- but that's ridiculous.… Read more

SANTA CLARA, CALIF.--Intel CEO Paul Otellini sought to reassure major investors Wednesday that the world's largest chip maker is still poised for strong growth into new areas like mobile computers, and can maintain its current lead in PC technology.

Otellini reiterated much of Intel's pitch from the last six months that the world of handheld mobile computers and low-cost PCs can supplement the slowing-but-steady growth of the PC market. Intel is investing new products like its Atom processor and attempting to break into these new markets by reminding software developers and device makers that Intel's chips … Read more

There are lots of things I don't understand. They make me crazy. But don't worry, it isn't contagious.

What I don't understand How was Lou Gerstner able to reposition a zillion-year-old company like IBM from big iron to services, while Jerry Yang doesn't even know where to begin reinventing Yahoo!?

Why does my wife clean the house before the cleaning people come?

When you tell telemarketers you're not interested, why do they keep talking until you hang up on them?

Why do criminals go to all the trouble of robbing a bank or smuggling drugs and then get caught with the goods doing something stupid like speeding?

Last week my dog pissed on the couch; the same day the cat threw up in my slippers. Why do bad things happen in groups? Is there some unknown force of attraction between disastrous events? Where are the physicists on this?… Read more

Advanced Micro Devices may have been demoted on Dell's Web site (though three AMD-based notebook models are still listed). But its chips aren't collector's items yet.

A quick inventory of Best Buy, the largest U.S. electronics retailer, is telling. A search on the reseller's Web site greets you with a page full of AMD-based notebooks. Ten to be exact. Some are fairly attractive too. Many are models in Dell's svelte Inspiron line. (Correction: not Dell's XPS line). Granted, Best Buy may not have the turnover of Dell's Web site but it's … Read more