>Shareholders will be very happy if Intel remains dominant at the high-margin, high-performance end. And competitive everywhere else.
Not with mobile trends and ARM uptake trends persisting. ARM speeds are getting more and more competitive. (I would argue, please forgive me, that signs are pointing towards Linux uptake. Intel's high-margins are on consumer processors as well, surely a large percentage of it. It will hurt as mobile continues to displace desktop and as desktop increasingly targets ARM.
AMD has been competing with Intel on price for the past two decades.
I know which of these two stocks I'd have rather owned over the past ten years:
http://www.google.com/finance?chdnp=1&chdd=1&chds=1&...
The data from this article is the first I've seen that indicates Intel could dominate the high-end mobile chip market in the near future.