Intel CEO: Okay, Now the Worst Is Behind Us
by John Paczkowski
Posted on September 22, 2009 at 2:32 PM PT
“The worst is now behind us.”
Looks like the worst is once again behind us. In remarks at the Intel Developer Forum on Tuesday, Intel (INTC) CEO Paul Otellini said the PC industry is headed for recovery, albeit slowly. Evidently, chip shipments are stablizing as PC shipments begin to pick up.
“This is an environment where we have had the worst recession in 70 years,” Otellini said. “The market is poised for a resurgence and we will see how 2010 plays out.”
And what, exactly, does that mean? Otellini says that he “personally” is betting that the PC industry sales volume will at least match what we saw in 2008. They’ll wind up “flat to slightly up,” he said.
Comments
Like changing your own spark plugs, for many users (and businesses) doing a Windows upgrade is inconceivable.
So it is a safe bet that many new PC sales are going to happen just to get to a current version of the OS, even if the improvements to the actual hardware are hard to notice.
Without order-of-magnitude improvements to the hardware that we experienced in the 90s though, margins will again be down and power-sipping chips that are not Intel compatible will still be a threat, particularly in countries where there is no perceived advantage in feeding a US monopoly.
Posted by Mac Beach at September 23rd, 2009 at 7:38 am