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As for Intel’s strategy in the mobile market, where ARM dominates but where Intel has repeatedly said it intends to grow, Otellini re-iterated the company’s multi-OS strategy while offering some indication as to which mobile platform Intel will adopt right away. “My sense is the bulk of the SKUs this year will be Android,” Otellini said.
Intel closed its acquisition of both Infineon Wireless and security vendor McAfee in Q1, and according to Intel the combination of both acquisitions contributed revenue of $496 million to its total Q1 revenue. Smith said Intel will gradually provide additional visibility into its operation of McAfee.
Intel forecasted Q2’11 GAAP revenue at about $12.8 billion. The company said it expects gross margin of approximately 61 percent in Q2. As for the full-year, Intel said it expects 63 percent gross margin in 2011, and said it expects to spend about $15.7 billion on R&D and MG&A.
Finally, Otellini said Intel is preparing to unveil “revolutionary” technology at a press event in early May, but wouldn’t offer any specifics during the conference call. “When you hear that announcement, you’ll know why that expression is appropriate,” Otellini said.
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