Microsoft, Intel, Apple, and the race for the new PC space…
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Some time ago we wrote two articles about the death of the personal computer (PC). In them we argued that there is a substantial shift going on, away from the PC and towards tablets and other forms of mobile computing.
This shift is hurting the old Wintel ‘duopoly,’ Intel (INTC) and Microsoft (MSFT), and favors companies with a strong position in the new paradigm, like Apple (AAPL), ARM Holdings (ARMH), Qualcomm (QCOM), Nvidia (NVDA), Texas Instrument (TI) and Samsung (SSNLF.PK).
We also reminded readers how fast things are moving:
Apple even sold more iPads last quarter than HP (HPQ) sold computers- and HP is the world’s top PC maker.
And that it is Apple’s explicit aim to replace the PC. And the tablet is doing a pretty good job:
The tablet market will grow by at least 200 percent in the next two years and by 2014, they will outsell PCs on an annual basis. [PC Magazine]