0000050863-11-000058.txt : 20110321 0000050863-11-000058.hdr.sgml : 20110321 20110321091251 ACCESSION NUMBER: 0000050863-11-000058 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110316 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20110321 DATE AS OF CHANGE: 20110321 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTEL CORP CENTRAL INDEX KEY: 0000050863 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 941672743 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-06217 FILM NUMBER: 11699940 BUSINESS ADDRESS: STREET 1: 2200 MISSION COLLEGE BLVD STREET 2: RNB-4-151 CITY: SANTA CLARA STATE: CA ZIP: 95054 BUSINESS PHONE: 4087658080 MAIL ADDRESS: STREET 1: 2200 MISSION COLLEGE BLVD STREET 2: RNB-4-151 CITY: SANTA CLARA STATE: CA ZIP: 95054 8-K 1 form8k.htm FORM 8-K form8k.htm
 
 
 


 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
______________
 
 
FORM 8-K
 
______________
 
 
CURRENT REPORT
 
Pursuant to Section 13 OR 15(d) of the
 
Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  March 16, 2011
 
______________
 
 
INTEL CORPORATION
(Exact name of registrant as specified in its charter)
 
______________
 

Delaware
000-06217
94-1672743
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)

 
2200 Mission College Blvd., Santa Clara, California 95054-1549
 
(Address of principal executive offices) (Zip Code)
 
(408) 765-8080
 
(Registrant’s telephone number, including area code)
 
(Former Name or Former Address, if Changed Since Last Report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



 
 
 


Item 7.01                      Regulation FD Disclosure.

On March 16, 2011, Intel Corporation presented additional financial information with respect to its McAfee, Inc. subsidiary for fiscal years 2011 and 2012 at an investor meeting in New York. McAfee’s 2011 revenue is expected to be approximately $1.6 billion, after a reduction to McAfee’s deferred revenue balance of $300 million due to purchase accounting. The impact of deferred revenue in 2012 is estimated to be approximately $100 million. In 2011, the amortization of intangibles relating to McAfee is estimated to be approximately $450 million, with approximately 60% relating to cost of sales, and 40% relating to operating expense. Charges related to the amortization of intangibles are expected to continue for a number of years. We expect McAfee’s financial performance to be slightly dilutive to Intel’s earnings in 2011 and accretive in 2012 and beyond. Excluding the purchase accounting write-down of deferred revenue and the amortization of acquired intangibles, McAfee’s financial performance is expected to be slightly accretive to Intel’s earnings in 2011 and beyond.





 
 
 

 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

 
INTEL CORPORATION
(Registrant)
 
 
/s/ Cary I. Klafter
 
Date: March 21, 2011
Cary I. Klafter
Corporate Secretary