Intel's CEO Discusses Q2 2011 Results - Earnings Call Transcript

Jul. 20, 2011 10:10 PM ETIntel Corporation (INTC)
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Intel (NASDAQ:INTC) Q2 2011 Earnings Call July 20, 2011 5:30 PM ET


Stacy Smith - Chief Financial Officer, Principal Accounting Officer and Senior Vice President

Paul Otellini - Chief Executive Officer, President, Director and Member of Executive Committee

R. Sellers - Vice President of Finance and Director of Investor Relations


David Wong - Wells Fargo Securities, LLC

James Covello - Goldman Sachs Group Inc.

Shawn Webster - Macquarie Research

Michael McConnell - Pacific Crest Securities, Inc.

Craig Berger - FBR Capital Markets & Co.

Patrick Wang - Evercore Partners Inc.

Uche Orji - UBS Investment Bank

Glen Yeung - Citigroup Inc

Christopher Danely - JP Morgan Chase & Co

Daniel Berenbaum - MKM Partners LLC

Ross Seymore - Deutsche Bank AG

Sumit Dhanda - Citadel Securities, LLC

Vivek Arya - BofA Merrill Lynch

John Pitzer - Crédit Suisse AG

Doug Freedman - Gleacher & Company, Inc.


Good day, ladies and gentlemen. Welcome to the Q2 2011 Intel Corporation's Earnings Call. My name is Chasity, and I'll be your coordinator for today. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes. I would now like to turn the presentation over to your host for today's call, Mr. Kevin Sellers, VP of Investor Relations. Please proceed, sir.

R. Sellers

Thank you, Chasity, and welcome everyone to Intel's Second Quarter 2011 Earnings Conference Call. By now, you should have received a copy of our earnings release and the CFO commentary that goes along with that. If you've not received both documents, they're currently available on our investor website, I'm joined today by Paul Otellini, our President and CEO; and Stacy Smith, our Chief Financial Officer. In a moment, we will hear brief remarks from both of them followed by Q&A.

I'd like to tell you

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