Intel CFO Expects Low Single Digit Revenue Growth for the 2013

by Jake L'Ecuyer, Benzinga Staff Writer
April 16, 2013 4:37 PM | 1 min read | Make a Comment
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Stacy Smith, CFO at Intel
INTC
stopped into the closing bell to give a bit of insight into the company's most recent quarterly filing.
On Intel's Spending Priorities:
  • Priority first and foremost to invest in business
  • Behind that, prirorityis the dividend. Allocating 40% of FCF to the dividend
  • Next is allocating cash to the buyback
    • What is the Company's Mobile Strategy
  • We're seeing that we're leading in performance
  • Not just leading in performance, but also in power efficiency
    • What Kind of a 2013 Do You Expect?
  • Expect low single digit revenue growth
  • The year will be used to refresh product line
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