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INTC Intel Corporation

19.64
0.58 (3.04%)
21 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intel Corporation NASDAQ:INTC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.58 3.04% 19.64 19.20 19.86 19.76 18.91 18.98 108,453,669 05:00:11

Intel CFO: Company is 'Moving Fast' to Recognize Mobility Trends -CNBC

17/07/2013 10:44pm

Dow Jones News


Intel (NASDAQ:INTC)
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Personal computers won't fade away from the technology landscape, but will evolve into a combination of the best features of a PC and a tablet, Intel Corp. (INTC) Chief Financial Officer Stacy Smith said in an interview with CNBC Wednesday.

Mr. Smith said technology is becoming increasingly personal and mobile, and said "we were a little slow to recognize the trend towards mobility" but that Intel is "moving fast now."

In an interview with Fox Business Network, Mr. Smith expressed optimism about the "confluence of events" expected for the second half of the year, including sales of devices with Haswell chips and Microsoft Corp.'s (MSFT) launch of Windows 8.1.

Asked about set-top boxes, Mr. Smith said he sees "big opportunity in the living room" and said Intel is "well into negotiation with content providers."

Websites: www.cnbc.com and www.foxbusiness.com

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