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Monday, Nov 19
2012, 9:37 AM
More on Intel: Otellini's planned retirement is already triggering speculation it has to do with...
More on Intel: Otellini's planned retirement is already triggering speculation it has to do with Intel's (INTC +0.8%) mobile challenges: though having made some headway lately with its Medfield and Clover Trail chips, Intel still only has a small chunk of the smartphone/tablet processor market relative to ARM-based solutions. Rumors that Apple is thinking of abandoning Intel don't help either. Intel's Q4 sales are expected to fall 2% Y/Y, though that's better than the PC industry at-large. Intel is also announcing software chief Renee James, COO Brian Krzanich, and CFO Stacy Smith have been granted the title of executive VP.