How is printf statement interpreted?

Question

How is the following line interpreted by GCC compiler:

printf(\"HELLO\");  

I want to know this because when I am running following program

Answer 1

Is is the same as writing

char *ptr="Good Morning";

followed by

printf( ptr + 5 );

which is &ptr[5] this adress points to "Morning";

Adding an integer n to a pointer results to an adress ptr + n * sizeof(type)