Intel"s senior management made their yearly trek to midtown Manhattan on May 13th to brief a large group of financial and technology analysts on the state of its current business, and convey product strategies for the next few years. CEO Craig Barrett, President/COO Paul Otellini, EVP/GM Sean Maloney, and EVP/CFO Andy Bryant delivering Intel"s state of the union at a packed Equitable Center auditorium. Barrett kicked off the event reviewing Intel"s core competencies of manufacturing and technology, digital architectures for computing and communications, worldwide sales, marketing, and branding, and the Intel Capital group, that financially kick-starts the ecosystem surrounding major Intel product areas.
Barrett stressed the worldwide nature of Intel"s business, citing over 70% of Intel"s business is transacted out of the United States, with the percentage growing each year. Convergence between computing, communications, and rich content was another major theme. Barrett view of rich content doesn"t relate only to audio and video data, but also to business processes and B-to-B commerce transacted over the Internet.