On eve of departure, Otellini looks back on four decades with Intel
Just a month away from retirement, Intel CEO Paul Otellini has reflected on his four decades with the company during his last quarterly earnings call with analysts and reporters.
Otellini is not going out on a high note, with Intel reporting a sharp drop in profits Tuesday thanks mainly to the slumping PC market. But despite finding little success in the smartphone and tablet markets, Otellini said Intel creates opportunities for itself by staying ahead of the fast-moving tech industry, and that this will drive the company forward in the future.
"Even as I prepare to pass the baton to a new generation, I know Intel's story is not completely written," Otellini said. Intel's future is not entirely clear, but the company is putting more focus on mobile products and manufacturing technology, said Nathan Brookwood, principal analyst at Insight 64.