Intel predicts PC’s reinvention

Intel is predicting a reinvention over the next two years of the consumer PC – a core market for the world’s biggest chipmaker – as it battles competition from smartphones and tablets.Speaking at the company’s analyst meeting on Tuesday, Paul Otellini, chief executive, said that the PC would become a higher performance mainstream-priced, touch-enabled device that would not compromise on features such as thinness, instant-on capabilities, permanent internet connectivity and all-day battery life.
http://blogs.ft.com/fttechhub/2011/05/intel-predicts-pcs-reinvention/Also see:PC Makers Are Seeing a Slowdown
The world’s two largest personal computer makers, Hewlett-Packard and Dell, said Tuesday that a slowdown in sales to consumers in the first months of the year damped overall revenues.”The PC market continues to be bifurcated,” Léo Apotheker, the H.P. chief executive, said in a conference call with analysts. He added that “even though our consumer PC expectations had been cautious, the steepness of our Q2 decline is greater than what we had anticipated.”
http://www.nytimes.com/2011/05/18/technology/18compute.html

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