Can Intel Become A Player In The Smartphone And Tablet Markets?
By Steve Breyer:Judging from investor reaction in after-hours trading, Intel's (INTC) 2012 Q1 earnings announcement release was a bit of a disappointment. While exceeding consensus estimates for net income ($0.53 vs. $0.50) and revenue ($12.9B vs. $12.85B), the trend was negative when compared to the 4th quarter 2011 numbers. Investors should exercise some patience and look a bit further into the future and Intel's new tri-gate technology that will be finding its way into a broad array of products ranging from smartphones to servers to ultrabooks.Despite Intel's being the 800-pound gorilla in the PC microprocessor market with approximately an 80% share, it has virtually no presence in the smartphone and tablet markets, which clearly have been the big growth markets. These markets are currently dominated by ARM Holdings (ARMH) which owns approximately a 95% share in those respective markets. ARM Holdings owns these markets due to its low power consumption designsComplete Story »