The reason they are doing this is they need to move away from the PC to being a solution provider. The real growth for the next five years is cell phones, and for the next 10 years is probably consumer electronics, and Intel has done a really poor job of penetrating those areas.
More Quotes from Eric Ross:
The fact that they are raising cap-ex shows that they expect business is strong enough to support the investment.,Eric Ross
We are hearing the back-to-school season was good and that notebooks were particularly strong, ... We are expecting they are going to see normal seasonality for the industry into the fourth quarter.
Eric Ross
Maybe you can make another 50 percent from here, but people are skittish, ... The problem in this market is that everyone's looking for the momentum play. Any sort of fear that a company isn't going to be able to sustain a momentum ends up a reason to dump shares.
Eric Ross
I think this is the start of a sustainable rally. Fundamentals appear to be good and end-market demand is good. Average selling prices for chips are holding up.
Eric Ross
Intel has been struggling to find a way out of PCs for the last six or seven years. I never dreamed they'd drop 'Intel Inside.' Their marketing has been exceptionally successful.
Eric Ross
It sounds like it is a new company that is going to do other things, but the first and largest customer is Apple, and it is likely to be the largest customer for a while.
Eric Ross
Readers Who Like This Quotation Also Like:
Based on Topics: Telephones QuotesIt's only I have seen enough of it and the funny thing is now, I know that I'm skinny, because I know there are even smaller clothes in the store. I think I'm big, when I was big, I never thought about it.
Karl Lagerfeld
Only mothers can think of the future - because they give birth to it in their children.
Maxim Gorky
The key to competing and surviving against Wal-Mart is to focus your business into a niche or pocket where you can leverage your strengths in the local marketplace.
Michael Bergdahl