We've got very aggressive cost controls implemented, and those are starting to take effect.
More Quotes from Paul Otellini:
But we're not going to take 90 days to take action.Paul Otellini
Digital technology is changing the face of entertainment, which is helping to transform peoples' lifestyles and create exciting new business opportunities.
Paul Otellini
At one level it's clear that the dam has broken. There's an inevitable move to use the Internet as a distribution medium and that's not going to stop.
Paul Otellini
You have to make a bet one way or another. We believe that overall demand is going to continue to grow, and its absolutely being fueled by the Internet. If anything, we're just building a little bit ahead of the curve. There's clearly a curve toward growth, and the question is 'How do you intercept that' We've decided to intercept it as aggressively as possible.
Paul Otellini
He said that we are planning for a seasonal second half, and he said that the fourth-quarter holiday jump up was not a sure bet. That's, of course, a fair statement to make in this environment.
Paul Otellini
We designed this product for where we believe the Internet is going. We really have tried to anticipate the growing application base for Internet applications and usage.
Paul Otellini
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