I just started to listen to it, and a very important point was made about how Intel's advancement in transistor technology has helped it with the high K metal gate and will continue to help it with the trigate to deliver explosive growth numbers. Nobody even thought Intel will reach $2 EPS by 2012 when the high K metal gate was in its initial launch stage. And here we are with $2.05 EPS for 2010 already. Intel is about to release trigate transistorized chips early in 2012, which could easily help them propell their EPS to above $3 for that year and much higher in the following years. Why? Because they have left their competition behind by more than 3 years.
Where are the profits for the ARM based chipmakers for the smartphones and tablets? Fact is that Intel is profitting by far the most from smartphone and tablet growth. Intel's ultrabook push could easily be a great success. Just look at the Macbook Air. Imagine a MacBook Air and tablet in one. There will be not much need for simple tablets anymore. If you don't buy that story, just look at the drop in iPod demand after the iPhone was introduced. Look for ultrathin notebooks with full touch screen capabilities like tablets. It's coming!