Paul Otellini Believe Quotations

We designed this product for where we believe the Internet is going. We really have tried to anticipate the growing application base for Internet applications and usage.

We believe PC growth rates have moderated over the course of the past few quarters, leading to slower chip-level inventory reductions at our customers and affecting our revenue in the first half of the year.

We will be in a position to retake share over the course of 2006. I believe you'll be able to plot the take back of market share along the dual core ramp of the company across multiple segments.

You have to make a bet one way or another. We believe that overall demand is going to continue to grow, and its absolutely being fueled by the Internet. If anything, we're just building a little bit ahead of the curve. There's clearly a curve toward growth, and the question is 'How do you intercept that?' We've decided to intercept it as aggressively as possible.

I've always believed the best measure of a product's worth is customer acceptance in the marketplace.

We believe our suppliers of materials have not been impacted. At this point, our customers have not asked us to do anything differently as a result of the earthquake.