Intel is being punished for not looking at the writing on the wall and rightly so. That Otellini's successor will do any better making inroads into mobile at this late stage in the game is highly unlikely. General sentiment on the street seems to be Intel needs to cut down on capex to more realistic levels based on actual demand for its chips and not wild cloud-soaring projections. At 0.2% of the mobile chip market, it has a long way to go and no tracks to follow. You can make yourself feel happy that its the leader in fabrication technology. With its closed stance and the absence of paying customers this lead is leading it nowhere at least not right now.
I think the Presidents people have already decided that the cliff is going to happen. The GOP trash will not even negotiate until after thir taxes go back up to the Clinto era rates. Then after taxes go up---you keep putting the tax cut for the 98% up in the house and make them say no week after week until they fold.
Intel needs a new CEO--a good one, FAST!
Time to go to war against Apple.