Intel the magnificent!.... Barrett said ''Today's Pentium III is 500 Mhz. In 18
months we'll have a gigahertz or 1,000 Mhz, whatever the marketing people decide to call it.''
Barrett said the transition to online commerce is one of the most exciting aspects of business at the
close of the 20th century.
Last summer, Intel began doing business over the Internet with some of its largest customers.
Within three months, the company had done $1 billion in online business.
''This year, one half of our total revenue will come over the Internet,'' he said.
While Intel faces competition from other manufacturers of low-end computer chips, Barrett said
that the key to Intel's success will be its ability to make the fastest processors.
And the future looks good for the overall computer industry, he said.
''This year, we (the industry) will sell more computers than TVs,'' he said. ''At 100 million
computers a year, they are becoming ubiquitous.''
One of the keys to integrating computers and the Internet into American households will be the
coming of high-speed access for home computers, Barrett said.
''While computer speeds are doubling every 18 months, communications companies are doubling
bandwidth (network access speed) every century.
''It's important that communications companies come to the party and bring their high-bandwidth
customers.''
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