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Intel 1998 Financial Status

rd soon after introduction. In 1999 the Pentium III XeonTM processor extends Intel's offerings to the workstation and server market segments, providing additional performance for e-Commerce applications and advanced business computing. The processors incorporate the Pentium III processor's 70 SIMD instructions, which enhance multimedia and streaming video applications. The Pentium III XeonTM processor's advance cache technology speeds information from the system bus to the processor, significantly boosting performance. It is designed for systems with multiprocessor configurations. Intel has only one competitor, and it is a multinational corporation with offices based in over 10 countries. In addition, the company employs 64,500 people, and its annual net income in 1998 was 26,273,000,000 dollars. Its shares are traded on NASDAQ and the Swiss Exchange. Furthermore, the stock ticker symbol is INTC. Thus, we consider Intel to be a large company.Economic, Social, Legal and Political Environment:Intel is growing steadily with the economy. Legal battles for patent, infringements, and trust laws could cost the company billions of dollars. Intergraphs claims infringement on five of their patents by Intel. Intergraph believes they are entitled to 2.2 billion dollars for Intel's alleged patent infringement and they believe they are entitled to 500 million for violation of antitrust laws. Intel has counter filed a lawsuit against Intergraph claiming that they violated seven of Intel's patents. In addition, Techsearch has filed a lawsuit against Intel for patent infringement. Techsearch will be entailed to 2-8 billion dollars if their lawsuit is successful. While the outcome of these lawsuits is uncertain at this time, Intel believes that the outcome of these lawsuits will be favorable to the financial success of the company and have no material adverse effect on the financial pos...

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