Memory prices are bruising profit margins, but CEO Paul Otellini says the chip giant can still thrive.
CEO Paul Otellini spent 2007 restoring investor faith in Intel; thanks to a slow economy and eroding memory prices, he's got more work to do. Image: Intel
Facing flagging profit margins and a skeptical Wall Street, Intel (INTC) CEO Paul Otellini hosted investors at the company's Silicon Valley headquarters Wednesday. His message: Despite a MORE
Jon Fortt - Mar 5, 2008 9:24 PM ET
By Jon Fortt and Michal Lev-Ram
Will Apple give up some control over the iPhone in order to court corporate customers?
That's one of the juiciest questions surrounding a gathering on Apple's (AAPL) campus Thursday, where CEO Steve Jobs has promised to open up the iPhone's software secrets to the world for the first time. Apple's invitation to the event also hinted at new business-friendly features for the device, and Silicon MORE
Jon Fortt - Mar 5, 2008 8:54 AM ET
Not much news was committed by Apple (AAPL) at its annual shareholders' meeting Tuesday in Cupertino -- although the shareholders did manage to make headlines by passing a referendum (which the company opposed) that gives them a nonbinding say on executive compensation. "I'm hoping that the 'say on pay' proposal will help me with my $1 a year," Jobs quipped after the measure passed.
But as Piper Jaffray analyst Gene Munster MORE
Philip Elmer-DeWitt - Mar 5, 2008 7:25 AM ET
Fortune magazine investigative reporter Peter Elkind, who co-authored The Smartest Guys in the Room, the definitive account of the Enron meltdown, spent the better part of a year investigating Steve Jobs. He talked to more than 50 people who knew and worked with Jobs, including former Apple (AAPL) CEOs and current members of the board -- nearly everybody, it seems, except Jobs, who refused to be interviewed for the piece.
The MORE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.16 | -0.13 | -1.85% |
| General Electric Co | 19.12 | 0.72 | 3.91% |
| JPMorgan Chase and C... | 35.82 | -0.41 | -1.15% |
| Microsoft Corp | 29.92 | -0.29 | -0.94% |
| Micron Technology In... | 6.24 | 0.22 | 3.65% |
| Index | Last | Change | % Change |
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| Dow | 12,617.77 | -14.23 | -0.11% |
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| Treasuries | 1.76 | -0.01 | -0.68% |