Word: subs
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Grove has so effectively squashed the competition that his biggest worry isn't the rumblings of AMD but the strategic risk of a slowing PC market. The hottest-selling PCs this year have been dirt-cheap, sub-$1,000 models. Growth there could wreck Intel's business model. Says Drew Peck, an analyst at Cowen & Co.: "You can't sell a $500 processor in a $1,000 PC." And though cheap PCs are a tiny part of the overall market--businesses generally buy pricier PCs--Intel may be heading into a sea change. Intel's buoyant stock...
Grove, of course, sees it as an opportunity. He is in the midst of rejiggering Intel's operating model so the firm can make money on sub-$1,000 PCs. That means taking more risks and finding new applications for Intel chips. Intel has also invested hundreds of millions to "seed" demand for PCs. The firm is betting on interactive multimedia (imagine watching the Super Bowl and clicking on a player to see his stats), cable modems that speed Internet delivery and audio software that makes your PC sound like the local THX multiplex. Grove has reviewed dozens of battle...
...political entanglements and carnage of the American Civil War which followed close on the heels of the movie's main events, the fact that the Africans returned to Africa to find their own tribe engaged in civil war and their families sold into slavery is relayed only through small sub-titles at the film...
...thought that L.I. Slim was fallible? Well, fallible, maybe, but sub-.500? Unacceptable (though his best bets were 2 for 3). Deep breath, and back at it, with...
...encouraged their interest in Namibia, which was creating what Marshall, president of the newly formed Barden International, calls "an exciting climate" for business. She explains that Namibia had elected an administration "with sophisticated people in the right leadership positions. Namibia has the second strongest credit rating of any sub-Saharan African country and a stable government interested in doing business with...