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“‘The iPad’s tablet momentum has pressured the broader netbook and lower-end notebook arena,’ wrote Tim Luke, semiconductor analyst for Barclays,” Melloy reports. “Intel, the worst performer in the Dow Jones Industrial Average Wednesday, is now down for the year, while Apple is up 23 percent. The two stocks began to diverge right on cue in April, when Apple released the iPad that uses a self-designed chip called the ‘A4.'”
Melloy reports, “The analyst, who includes a chart in his report showing Intel’s forward price-earnings ratio at an all-time low, also cited a slowdown in back-to-school PC sales based on channel checks in Asia. Tablet alternatives using Intel’s Atom chip are more likely to be released in the first quarter of next year, Barclays’ Luke said.”
Full article here.
MacDailyNews Take: Tablet alternatives using Intel’s Atom chip? Hope you have room for a car battery and an air conditioner in your backpack.