Paul Otellini

He said he should have listened to his gut

Former Intel CEO and longtime employee Paul Otellini had his last day yesterday, and after 40 years of employment with the chipmaker, his only major regret was missing out on the iPhone.

Otellini, who became Intel CEO in 2005, said he was disappointed that he passed up the opportunity for Intel to make chips for the iPhone back before the device's 2007 release. It was his one truly regretful moment during his long career with Intel, and the one time he decided not to go

Intel said Tuesday that it has named Brian Krzanich its new CEO, replacing the retiring Paul Otellini.

On Thursday afternoon, Intel delivered a batch of fourth-quarter financial results that were to be expected. Its sales fell to $13.5 billion, from $13.9 billion, as-guess what?-people bought fewer PCs than during the same period last year. Take 2012 as a whole, and Intel posted revenue of $53.3 billion, down from $54 billion.

The big takeaway here is that Intel produces one hell of a whimper. The chip maker's sales have fallen, as have its net income and margins. But the company still sells an incredible amount of silicon and chalked up

Anyone care to run an $54 billion-a-year tech giant? Anyone have any good ideas how to get it growing again? Intel is looking for a new CEO to take the reins at the Silicon Valley icon next May, when Paul Otellini steps down from the job.

Since Otellini became CEO in May 2005, the stock has lost 22% of its value, against a 52% gain for a recession-challenged Nasdaq. Much of Intel's decline has to do with secular changes in the market for processors as mobile devices have eaten into demand for PCs.

The CEO of Intel, Paul Otellini, will retire from the company in May of 2013, Intel announced Monday. The company did not announce a successor and will conduct a search that considers both internal and external candidates.

Intel chief executive Paul Otellini said today that 20 Windows 8 tablets are being designed by computer makers for launch later this year when Microsoft unveils its new operating system.

To date, strong sales of Apple's iPad have actually hurt Intel's sales of PC-related chips, since the Apple tablets and most others use low-power ARM-based chips. But Intel has designed a line of low-power Atom chips using its x86 microprocessor architecture. The system-on-chip Atom solution is an attempt to deliver high performance worth of a computer with the low-power

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