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Intel CEO optimistic about PC industry

Posted on Thursday, April 21 2011 @ 20:50:39 CEST by

Forbes had an interview with Intel CEO Paul Otellini and got to hear that the PC business is doing just fine.
Eric Savitz: Paul, how’s the PC business?

Paul Otellini: Last year was the best in the industry’s history. Intel set records in both units and revenue. PC units were up 17% and sold more than a million units a day.

ES: Ah, but what about 2011?

PO: We’re looking for 13% to 15% PC unit growth, driven by two things. One, corporations didn’t purchase a lot of PCs in 2008 and 2009; they started buying in the middle of last year in earnest, and the trend continues. Over 90% of enterprises still have Windows XP. It’s time to upgrade. People are converting to Windows 7, typically with new PCs. And emerging markets continue to be very strong. I just saw the numbers for India. GDP there is growing 8% or 9%. Typically there is good correlation between GDP growth and PC sales, and that is continuing in emerging markets in earnest.



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