Paul Otellini’s Intel: Can the Company That Built The Future Survive It? Money

Intel boss retires, looks back, he did OK, but missed the deal of his lifetime: the iPhone contract. “There was a chip that they were interested in that they wanted to pay a certain price for and not a nickel more and that price was below our forecasted cost. I couldn’t see it. It wasn’t one of these things you can make up on volume. And in hindsight, the forecasted cost was wrong and the volume was 100x what anyone thought” (5,671 words)

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