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Intel Admits To Falling Behind AMD

Vicegrip writes "CNN is carrying a Fortune story covering an analyst meeting held on Thursday. There, CEO Otellini admitted Intel has fallen behind AMD with lost market share, technological leadership, and recently profitability. Intel also announced cuts to 1 Billion in spending." From the article: "Intel's market share recently slipped below 80%, and Otellini strongly emphasized the need for market share gains in all his remarks. On the other hand, he also suggested that Intel's recent market share losses (to AMD, whose name was not mentioned) were in line with historical variations which tracked to Intel's product generations."

3 of 244 comments (clear)

  1. Intel had it coming by Jason1729 · · Score: 5, Insightful

    They've been screwing over their customers for 15 years. With stuff like the spying serial number, tpa, etc, they've had an attitude of buy what we tell you or get lost. Not to mention price manipulation. They hold back each new iteration until prices slack off on the current product. AMD beat them to the 1 GHz punch because intel was holding back their own 1GHz chip to squeeze more profit. After AMD beat them, they released theirs 2 days later.

    Now that it's coming back to bite them on the ass, I think it's wonderful.

    1. Re:Intel had it coming by Changa_MC · · Score: 5, Insightful

      Shame on a corporation for making a profit. AMD is so pure and virginal white, they'd never do something this dastardly.

      Any corporation causes damage to the market when they try to leverage their monopoly to maintain the monopoly. If AMD ever crushes all their competition (no that I'm worried) they will also slow innovation. Far better to have multiple competing companies, where you can buy whatever you want. Perhaps we could call it a "free market," since you can shop around.

      --
      Changa hates change.
    2. Re:Intel had it coming by Salandarin · · Score: 5, Insightful

      Oh PLEASE, give me a break!

      I hate reading this kind of generic accusation on Slashdot. For whatever reason, most /.'ers seem to be under the impression that somehow, Intel is inexorably related to an evil scheme by Microsoft/SomeCorporation, Inc. to consistently screw over the consumer. Honestly, I've never experienced any direct "screwing over" from Intel. If the chip performs up to the specification that it says it will, then there's nothing wrong here. Just because you don't like their market tactics doesn't justify this kind of arrogance. Considering they still have 80% of the market, it seems that whatever they're doing is working, contrary to your opinions.

      While I like AMD's desktop chips more, one must be fully aware of the fact that AMD is no less of a corporation than Intel is, and want your money just as badly as everyone else. As others have mentioned and will mention, AMD's hardware tactics are no less questionable than Intel's, and thus, it becomes a moot point.