January 16, 2014, 11:50 AM
Intel’s upbeat update in its earnings report Thursday looks like it failed to convince skeptics, with Wall Street likely still fixed on the question: Is the chipmaker ready for a post-PC world? Good question — but one best asked with one eye on ARM Holdings, a British company making headway in the markets Intel wants for the future.
The PC market has been dropping off sharply, with mobile devices (smartphones and tablets) becoming more appealing to consumers as desktop and laptop computers wane. Even though J.P. Morgan believes the PC market may be stabilizing now, its analysts described this as a “leap of faith” — meaning Intel may still have a “mobile” mountain to climb.
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