INTC has not gone into the 30s for over 5 years. It's PE will always be around 9-11. Unless they grow their earnings to $3/yr, the 30s won't be happening. Do you think INTC can grow earnings to $3/year? how?
Wild, Wacky...............and Dumb comment, but one I'd expect someone to make right when they are about to sell or already sold Intel. Intel's future success never has and never will be dependent on working with Intel. Google " Intel reference design" . Verizon, etc would LOVE to find a solution other than the current solution they have of being strong-armed by Apple.