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...
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.
line quarter year
The quarter and the year are progressing in line with our expectations.
average change couple driven expectation gross largely lower margin minus percentage plus prices quarter second selling third
Our expectation for gross margin percentage in the third quarter is 47 percent, plus or minus a couple of points. The change from the second quarter is driven largely by lower average selling prices of microprocessors.
consistent continue gross growth healthy market operating outlook pc quarter results revenue worldwide
Operating results for the quarter are consistent with our outlook in July. We continue to see healthy growth worldwide in the PC market and in Intel's revenue and gross profit.
gain goal market quarter
We said that our goal in the quarter would be to maintain, and if possible, to gain some market share,
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.
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.
based feels found happening quarter second sure
I can't tell you for sure I'm right, but based on what was happening in the first quarter and based on what we've found in the second quarter, that's what it feels like,
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.
held market share
We held market share in units in the quarter.
economic seen signs
We've seen no signs of an economic recovery.
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.
analysis true
Really, we only have analysis for Portland, Salem, Eugene and Astoria. We can't really do any analysis for Aurora because there aren't enough years for a true comparison.