Intel Predicts Profit, Sales Growth to Hit Double Digits

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Intel Predicts Profit, Sales Growth to Hit Double Digits D2 | Wednesday, May 12, 2010 | San Francisco Chronicle and SFGate.com GXXXXX BUSINESS The Chronicle with MOVERS AND SHAKERS Matt Bierman has joined managing director and will lead the corporate and securities Bank of the West as national the agency’s San Francisco office. practice. He will be located in small-business banking man- In addition, R/GA San Fran- the firm’s San Francisco and ager. Bierman will be hiring a cisco has added eight employ- Palo Alto offices. Duley, former team of small-business bank- ees: Andres Jimenez, Yasmin senior corporate counsel and ers, including about 30 initially Nestlen and Vlad Margulis head of the transactional legal in the San Francisco Bay Area, as interaction design directors; group at PDL BioPharma Inc., Southern California and the Brett Rampata, Ted McCagg focuses on intellectual proper- Denver area. and Ricardo Landim as asso- ty transactions for life sciences ciate creative directors; Alli- companies. Bierman Huser Denning Duley *** son Gabrys as group director, Bingham has expanded its production; and Vanessa *** intellectual property practice McCutcheon as account direc- Ted Congdon has joined in Northern California with the tor. the executive search firm of addition of Mary Huser, for- Jackowitz & Co. as senior vice mer vice president and deputy *** president. Congdon is opening general counsel in charge of PJA Advertising + Marketing an office in San Francisco for global intellectual property and in San Francisco has hired Ben the firm, which is based in litigation at eBay, to its East Citron and Roger Wong as Boston. Prior to Jackowitz, Palo Alto office. Huser rejoins creative directors. Wong comes Congdon was responsible for Bingham as a partner in the from Razorfish in San Francis- executive hiring at the Capital Citron Wong Congdon Schleuning firm’s intellectual property co; Citron joins from San Fran- Group Cos. group. cisco’s Real Branding. *** Send submissions for Movers and Shakers to *** *** Jon Schleuning has joined [email protected]. Please put “Movers and Shakers” in the R/GA announced that Ryan Thomas E. Duley has Marshall Strategy in San Fran- subject line. Photos should be attached in .jpg format, at least 300 Denning has been promoted to joined DLA Piper as counsel in cisco as senior associate. dpi, with the subject’s full name in the file name. EARNINGS THE WALK-THROUGH sf.blockshopper.com Intel predicts profit, sales Twice a week, The Chron- places, hardwood floors, icle features a local home 12-foot ceilings and many on the market that caught large rooms that are growth to hit double digits our eye for its architecture, flexible enough for many history or character. remodeling options. There’s a lower level with CHRONICLE NEWS SERVICES it further ahead of the a second one-bedroom Address: 201 Buchanan competition, he said. unit with a kitchen and a St., Hayes Valley Intel CEO Paul Otellini “We’ve set ourselves bathroom and a versatile said Tuesday that the up for very profitable Asking price: courtyard. The property company’s revenue and growth,” Otellini said in $1.575 million is two blocks from a net income per share remarks to analysts. Muni stop at Market and Description: Built for should see a percentage “Intel has a unique set of Laguna streets. John Nightingale, an increase in the low dou- attributes that no one early San Francisco pio- Don’t miss: A spacious ble digits over the next has.” neer, this Eastlake-style artist’s studio that over- few years because of Otellini’s forecast was home was named San looks the courtyard and rising demand for its based on a “compound Francisco Landmark 47 the bay views from the chips in personal com- annual growth rate,” a in 1972. The property, upper-level “lookout” puters and other gadgets. measure that includes known as the Night- room. On both measures, multiple years of results. ingale House, also was Intel Corp.’s numbers He did not specify the Built: 1882 the residence of San have declined over the years. Francisco artist Jo Han- Size: The four-bedroom, past two years as busi- Analysts polled by son, who died in March three-bath home spans ness spending on PCs Christopher Ayers / Intel Thomson Reuters ex- 2007. The restored prop- 4,400 square feet. and computer servers Intel CEO Paul Otellini paints a rosy picture of his pected Intel’s recovery erty has multiple fire- collapsed amid the reces- company’s future for investors and analysts. from the downturn to For more information: sion. However, strong show a 23 percent in- Radhi Ahern, Alain buying by bargain-hunt- Santa Clara headquarters more semiconductors for crease in revenue and a Pinel Realtors, (415) 531- ing consumers has that the forecast proves server computers, data more than doubling of 2981, [email protected]; helped lift Intel’s for- that PCs are “still a centers and mobile earnings per share in Scott Kalmbach, Pacific tunes in recent quarters, growth industry.” phones, and offer new 2010 over the year before. Union, (415) 350-7911, and sales of server chips It’s difficult to say, processors for other For 2011, the analysts scott.kalmbach@pac — some of Intel’s most however, how the new products including tele- expected less-dramatic union.com. www.201 profitable products — guidance compares with visions and security growth of a 5 percent buchanan.com. have improved. analysts’ expectations. systems, Otellini said. increase in both revenue Otellini told investors Intel, whose chips run Intel’s ability to manufac- and earnings per share, Suggest homes for The and financial analysts at more than 80 percent of ture more advanced compared with their Walk-Through: realestate@ a conference at Intel’s the world’s PCs, will sell chips cheaply is putting 2010 forecasts. Floors are hardwood. sfchronicle.com. TECHNOLOGY FTC said to delay action on merger By Jeff Bliss BLOOMBERG NEWS The Federal Trade Commission has delayed taking action on whether to challenge Google Inc.’s $750 million acquisition of AdMob Inc. to exam- ine the practices of Ap- ple Inc., a competitor, John Hayes / Openhomesphotography.com photos said two people familiar with the matter. The home has four bedrooms and three bathrooms. The agency received a two-week extension of Ryan Anson / AFP / Getty Images 2008 its review from Google Google Inc., based in Mountain View, has purchased AdMob Inc. for $750 mil- and AdMob so it could lion, but federal regulators want to focus first on Apple Inc., a source says. gauge the effect of Apple buying Quattro Wireless the two people said. ware developers generate The FTC signaled last in January to compete Apple spokesman revenue from the pro- month it was leaning with Mountain View’s Steve Dowling declined grams they create for toward the court chal- Google in the mobile- to comment. Cecelia Apple’s iPhone, iPod lenge when it was dis- advertising market, one Prewett, an FTC spokes- Touch and iPad. closed the agency was source said. woman, and Adam Ko- FTC staff members seeking sworn declara- In particular, the FTC vacevich, a Google have urged filing an tions from Google’s com- is concerned with condi- spokesman, also de- antitrust suit challenging petitors and advertisers. tions Cupertino’s Apple clined to comment. Google’s purchase of The agency’s five com- is placing on software The company intro- AdMob, according to missioners ultimately developers and advertis- duced iAd last month in three sources familiar will decide whether to ers for its iAd system, an attempt to help soft- with the matter. challenge the acquisition. The historic Nightingale House was built in 1882 How to reach us: Contact Marcus Chan, Business Editor at [email protected] or (415) 777-8440 and has been completely restored. DILBERT By Scott Adams Ship Traffic Due to arrive today SHIP FROM PORT CCNI Rotterdam Vancouver, Canada OAK APL Sardonyx San Pedro, Calif. OAK King Brian Long Beach OAK CSL Trailblazer Santa Rosalia, Mexico RCH CSL Acadian Sechelt, Canada SFO Hyundai Singapore Unknown OAK Horizon Enterprise Tacoma, Wash. OAK Due to depart today SHIP TO PORT Rotterdam Express Balboa, Panama OAK Bosporus Bridge Tokyo SFO Ever Chivalry Kaohsiung, Taiwan OAK Mahimahi Los Angeles OAK Xin Mei Zhou Qingdao, China SFO Horizon Falcon Honolulu OAK Vincent Thomas Bridge Tokyo OAK Horizon Enterprise Honolulu OAK Source: San Francisco Marine Exchange.
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