Wednesday, January 25, 2012

CFO:Intel's 2012 Story

We had an extraordinary year in 2011,says Intel Chief Financial Officer Stacy Smith.We saw growth across every line of business.The story for us in 2012 is a refurbished product line.I'm very excited about the Ultrabook.It will move into a more mainstream price point.
In terms of demand,2011 saw growth as expected,with good growth in the emerging markets.We had a strong enterprise segment,and the data center group was very strong.
The mature market consumer was sluggish,especially in Europe.The supply chain impact from the Thailand flooding was no hard disk drives,so inventory levels were brought down.We expect the impact to ease by Q2 2012.
This is a product story for us.We can build better products for our customers.The growth drivers in 2012 will be the same as in 2011,Mr.Smith predicted.
Intel employs about 90,000 workers at some 200 facilities worldwide.The company has locations in the Americas and Asia,as well as Europe,Africa and the Middle East.
Intel(INTC)

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