Andy Bryant
Andy Bryant
Andy Bryant is the current Chairman of the multinational semiconductor company Intel. He joined Intel in 1981 and previously served as the company's vice chairman, chief administrative officer and chief financial officer. Bryant works out of the company's offices in Hillsboro, Oregon, and lives in Portland. He also serves on the board of directors for McKesson Corp., Columbia Sportswear, and Kryptiq...
behind business declines looking saw
Looking back we are comfortable that our business has stabilized and the year-to-year declines we saw in 2001 are behind us,
consistent earlier early low pricing quarter strategy
Our pricing strategy is no different than what we said earlier in the quarter, ... We said early in the first quarter we're going to take back the low end. This is consistent with what we said in early January.
bit continue conviction difficult emerge financial history intel invest key management others processes products response similar sound strength
Our response to this downturn will be similar to others in our history, ... It may sound a bit trite, but Intel has the financial strength and management conviction to continue to invest in its key products and processes through these difficult times and emerge a better, more competitive company.
appears architecture business intel patterns return second showing strength
It appears that the Intel architecture business will return to seasonal patterns showing more strength in the second half.
based change classic fourth judged quarter turns
It is a classic seasonal fourth quarter. The change is that we had judged down from a seasonal fourth quarter based on macroeconomic indicators. It turns out we didn't need to do that.
computing demand good growth led mobile
Growth is led by mobile computing with good demand for our mobile processors in all geographies.
cautious expect fourth normally percent slower watch
Four-to-8 percent is slower than you would normally expect to get out of the fourth quarter. We're being a little cautious and we're going to watch and see what develops.
gain loss share
From what we can tell, there's not much share gain or loss going on,
determine distort employee estimate fair good including income model options statement stock unreliable value
There is no good valuation model to determine the fair value of unexercised employee stock options. Including an unreliable estimate of the fair value of options in the income statement would distort earnings.
bit economic fourth maybe quarter seeing
What you're seeing is a little bit of an economic stall, maybe in the fourth quarter and the first quarter.
certainly fairly few happen last normal realm seeing
What we're seeing now doesn't happen every winter, but it certainly is not out of the normal realm of occurrences. The last few winters have been fairly quiet.
cost demand driving hit pickup savings seeing wall
We're just not seeing the demand pickup we'd like to see, and we hit a wall on some of the cost savings we were driving for.
line quarter year
The quarter and the year are progressing in line with our expectations.
edge far morning snow tomorrow valley
We're going to be right on the edge all the way through tomorrow morning as far as getting snow down to the valley floor.