'I think Intel is going to get a phone guy and simply start to make their own Phones for sale.'
They already do that with the Intel reference design that Bell got done. The trouble with going flat out to design the best tablet or phone is that you might #$%$ off the OEMs you are trying to sell your raw chips to if you are becoming a flagship device competitor to them too. Look at all the OEM WinRT designs that were dropped because of MSFT's Surface ! This whole mobile situation is a delicate one to navigate and I think the only thing wrong with Intel's current path with Atom is that it is a couple of years late. If Medfield and Clovertrail had come out in 2010 with the rest of Intel's 32nm products we wouldn't be having this discussion as Intel would already be a big player in mobile using its own chips. It will get there anyway but it will take time. Luckily it has both a fabrication lead so it can go 2014 - 22nm, 2015 - 14nm, 2016 - 10nm. By 2016 Core and Atom will both be on 10nm and be making all the ARM chips look very puny in all markets.