The kind of people that enroll in get-rich-quick schemes flipping real estate are incredibly naive. These people should have done their due diligence.
BK's record is mixed. To his credit he did kill-off a lot of mismanaged projects that originated under Ottellini. That did help Intel focus. But regarding Intel's strategic smartphone effort, BK deserves an epic fail.
Moreover, Intel's manufacturing competitiveness has slipped so the company has lost ground even in the area of core expertise of the CEO. And where is the huge revenue that was supposed to come from BK's signature innovation, the foundry business?
Intel is not the kind of company suited to be run by a manufacturing guy. It needs an executive with strong technology and product development expertise.
Really? What kind of x86 processor is one going to be able to build without Intel's intellectual property? Just when we thought there wasn't any dumber capital than the Abu Dhabi investors, then along comes someone even dumber.
Not every joint venture will satisfy the license agreements to sell X86. AMD must maintain certain levels of controlling interest in the JV, and satisfy additional provisions. Intel's lawyers will make certain AMD doesn't license any intellectual property they are prohibited in licensing under their agreement.
What AMD claims to be licensing has been described only vaguely so far. Before anything happens that deal will be scrutinized carefully by both Intel and the federal government.
Reducing headcount does not necessarily lower revenue. It depends where and how the cuts are made. It's a virtual certainty that a company with 100,000 employees is carrying a lot of under-performing people.
Eliminating redundancy and under-performers will improve the company's efficiency and financials.
Is there supposed to be a point to that statement? A '94 vintage Pentium could saturate an IO interface but that doesn't make it competitive in the data center market today.
No wonder technology industry executives have such a low regard for market research firms like IDC. They're predictably wrong.