July 03 2013
Fortinet to Announce Second Quarter 2013 Financial Results …read more Via: Shareholder
July 02 2013
The Health Insurance Portability and Accountability Act of 1996 (HIPAA) Omnibus Final Rule, released January 2013, introduced some significant changes […] …read more Via: Cisco Security Blog
July 01 2013
Intel is expanding its Intel
November 20 2014
Presented during Supercomputing 2014, HPCwire has recognized an Intel high performance computing (HPC) software tool as one of the best and brightest developments in the past year as part of its 2014 Readers’ & Editors’ Choice Awards. HPCwire awarded Intel® Parallel Studio XE Cluster Edition an Editor’s Choice award for “Best HPC Software Product or Technology.” Intel’s MPI cluster tool suite provides developers with optimized compilers and libraries, parallel programming models, and profiling and analysis tools. Furthermore, the editors and readers named the forthcoming Intel® Xeon Phi™ coprocessor, codenamed “Knights Landing,” as one of the top new products to watch out for.
November 20 2014
Intel Announces Increase in Quarterly Cash Dividend, 2015 Business Outlook at Annual Investor Meeting
SANTA CLARA, Calif., Nov. 20, 2014 – At Intel Corporation’s annual investor meeting today, the company announced that its board of directors has approved an increase in its cash dividend to 96 cents-per-share on an annual basis, a 6-cent increase, beginning with the dividend that will be declared in the first quarter of 2015. Intel also provided the 2015 business outlook.
“Today’s dividend announcement reflects the board’s confidence in Intel’s strategy,” said Intel Chairman Andy Bryant. “It also reflects the board’s ongoing commitment to create value and return cash to Intel’s stockholders.”
At the investor meeting, Intel CEO Brian Krzanich emphasized that Intel’s highest shareholder value will come from a strategy to utilize the core assets that drive the company’s PC and data center businesses to move into profitable, complementary market segments. Intel’s leading-edge manufacturing capability, Intel architecture, and the use of shared IP are key elements of the growth strategy.
Full-year 2015 Business Outlook
- Revenue: Growth in the mid-single digits.
- Gross margin percentage: 62 percent, plus or minus two points.
- R&D plus MG&A spending: Spending as a percent of revenue is expected to be down with spending of approximately $20 billion, plus or minus $400 million.
- Capital spending: Approximately $10.5 billion, plus or minus $500 million.
- Dividend: 96 cents-per-share on an annual basis, a 6-cent increase year-over-year, beginning with the dividend that will be declared in the first quarter of 2015.
Supplemental outlook and other information will be provided during today’s investor meeting. For the live webcast and presentation materials, visit www.intc.com.
The statements in this release that refer to plans and expectations for the fourth quarter, the year and the future are forward-looking statements that involve a number of risks and uncertainties. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “will,” “should” and their variations identify forward-looking statements. Statements that refer to or are based on projections, uncertain events or assumptions also identify forward-looking statements. Many factors could affect Intel’s actual results, and variances from Intel’s current expectations regarding such factors could cause actual results to differ materially from those expressed in these forward-looking statements. Intel presently considers the following to be important factors that could cause actual results to differ materially from the company’s expectations.
- Dividend declarations and the dividend rate are at the discretion of Intel’s board of directors, and plans for future dividends may be revised by the board. Intel’s dividend program could be affected by changes in Intel’s operating results, its capital spending programs, changes in its cash flows and changes in the tax laws, as well as by the level and timing of acquisition and investment activity.
- Demand for Intel’s products is highly variable and could differ from Intel’s expectations due to factors including changes in the business and economic conditions; consumer confidence or income levels; customer acceptance of Intel’s and competitors’ products; competitive and pricing pressures, including actions taken by competitors; supply constraints and other disruptions affecting customers; changes in customer order patterns including order cancellations; and changes in the level of inventory at customers.
- Intel’s gross margin percentage could vary significantly from expectations based on capacity utilization; variations in inventory valuation, including variations related to the timing of qualifying products for sale; changes in revenue levels; segment product mix; the timing and execution of the manufacturing ramp and associated costs; excess or obsolete inventory; changes in unit costs; defects or disruptions in the supply of materials or resources; and product manufacturing quality/yields. Variations in gross margin may also be caused by the timing of Intel product introductions and related expenses, including marketing expenses, and Intel’s ability to respond quickly to technological developments and to introduce new features into existing products, which may result in restructuring and asset impairment charges.
- Intel operates in highly competitive industries and its operations have high costs that are either fixed or difficult to reduce in the short term.
- The amount, timing and execution of Intel’s stock buyback program could be affected by changes in Intel’s priorities for the use of cash, such as operational spending, capital spending, acquisitions, and because of changes to Intel’s cash flows and changes in tax laws.
- Intel’s expected tax rate is based on current tax law and current expected income and may be affected by the jurisdictions in which profits are determined to be earned and taxed; changes in the estimates of credits, benefits and deductions; the resolution of issues arising from tax audits with various authorities, including payment of interest and penalties; and the ability to realize deferred tax assets.
- Gains or losses from equity securities and interest and other could vary from expectations depending on gains or losses on the sale, exchange, change in the fair value or impairments of debt and equity investments; interest rates; cash balances; and changes in fair value of derivative instruments.
- Intel’s results could be affected by adverse economic, social, political and physical/infrastructure conditions in countries where Intel, its customers or its suppliers operate, including military conflict and other security risks, natural disasters, infrastructure disruptions, health concerns and fluctuations in currency exchange rates.
- Intel’s results could be affected by the timing of closing of acquisitions, divestitures and other significant transactions.
- Intel’s results could be affected by adverse effects associated with product defects and errata (deviations from published specifications), and by litigation or regulatory matters involving intellectual property, stockholder, consumer, antitrust, disclosure and other issues. An unfavorable ruling could include monetary damages or an injunction prohibiting Intel from manufacturing or selling one or more products, precluding particular business practices, impacting Intel’s ability to design its products, or requiring other remedies such as compulsory licensing of intellectual property.
A detailed discussion of these and other factors that could affect Intel’s results is included in Intel’s SEC filings, including the company’s most recent Form 10-Q, Form 10-K and earnings release.
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com, and about Intel’s conflict-free efforts at conflictfree.intel.com.
Intel and the Intel logo are trademarks of Intel Corporation in the United States and other countries.
* Other names and brands may be claimed as the property of others.
November 19 2014
The Finnish mobile company Jolla today introduced its first tablet based on Intel technology. Jolla tablet will be the world’s first crowdsourced tablet project on the Indiegogo crowdfunding platform, offering its customers the opportunity to participate in the development of the tablet. The new tablet is based on the Intel® Atom™ processor 3700 Series, running on the company’s independent operating system Sailfish, providing multitasking experience with Android application compatibility. Users can now contribute to this Jolla Tablet project through the Indiegogo campaign starting at $189 for the first contributors in all European Union countries, Norway, Switzerland, United States, India, China, Hong Kong and Russia. Jolla Tablet shipments are expected to start in the second quarter of 2015.
November 19 2014
Chip Shot: Intel Earns Perfect Score in 2015 Human Rights Campaign Foundation’s Corporate Equality Index
Intel earned a perfect score of 100 percent on the Human Rights Campaign (HRC) Foundation’s Corporate Equality Index (CEI), a national benchmarking survey and report on corporate practices related to LGBT workplace equality. Intel was also honored by HRC as a Best Place to Work for LGBT Equality. The report evaluated non-discrimination workplace protections, benefits and public engagement with the LGBT community.
November 19 2014
Let’s face it, malware is everywhere now, and it’s here to stay. The statistics are staggering. According to the 2014 […]