Intel's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Intel Corporation (NASDAQ:INTC) Q2 2012 Earnings Call July 17, 2012 5:00 PM ET

Executives

Mark Henninger – Director, Investor Relations
Paul S. Otellini – President and Chief Executive Officer
Stacy J. Smith – Senior Vice President, Chief Financial Officer and Director of Corporate Strategy

Analysts

Glen Yeung – Citigroup Inc.
Sumit Dhanda – ISI Group, Inc.
Daniel Berenbaum – MKM Partners LLC
Christopher B. Danely – JP Morgan Chase & Co.
Romit Shah – Nomura Equity Research
John Pitzer – Credit Suisse
Vivek Arya – Bank of America/Merrill Lynch
Vijay Rakesh – Sterne, Agee & Leach
Hans Mosesmann – Raymond James
James Covello – Goldman Sachs
Craig Ellis – Caris & Company

Operator

Good afternoon, my name is Hope, and I will be your conference operator today. At this time, I’d like to welcome everyone to the Intel Second Quarter Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers remarks there will be a question-and-answer session. (Operator Instructions)

Thank you, Mr. Mark Henninger, Director of Investor Relations; you may begin your conference.

Mark Henninger

Thank you, Hope, and welcome everyone to Intel’s Second Quarter 2012 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, intc.com.

I’m joined today by Paul Otellini, our President and CEO; and Stacy Smith, our Chief Financial Officer. In a moment, we’ll hear brief remarks from both of them, followed by Q&A.

Before we begin, let me remind everyone that today’s discussion contains forward-looking statements based on the environment as we currently see it, and as such does include risks and uncertainties. Please refer to our press release for more information on