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The Atlantic article on the interview with Otellini (which this article linked to), was very clear that Otellini wanted to say yes to the iPhone project but was
by kccqzy 2y ago
The Atlantic article on the interview with Otellini (which this article linked to), was very clear that Otellini wanted to say yes to the iPhone project but was swayed by data:
> "The lesson I took away from that was, while we like to speak with data around here, so many times in my career I've ended up making decisions with my gut, and I should have followed my gut," he said. "My gut told me to say yes."
It's not even sacrificing profit; it's actively reducing profits by selling at a loss.
- GeekyBear 2y agoDid you miss the part of the quote where he shares that Intel's cost estimate was wrong? Also, after the magnitude of their error to get in at the ground floor sank in, Intel had no problems with selling x86 chips at a loss trying to break into mobile devices. Remember their contra-revenue strategy?
- kccqzy 2y agoI didn't miss that part of the quote. And no it would make no difference to Otellini or to the discussion in this thread because he also didn't know the estimate was wrong when he made the decision.
- qwytw 2y agoYes, but that's just an outcome of Intel's/Otellini incompetence (in that specific case) rather than anything else. He used bad data to make an (arguably) bad decision.