This could be right, but it doesn't dampen Intel's success. The identified cause of the drop is Microsoft's mis-steps with Windows 8. IDC says many buyers couldn't afford the extra price of touch enabled PC's to make use of W8, and because Microsoft didn't give users a W7 desktop option it made using existing PC's that buyers could afford awkward to unbearable. Buyers just walked away. If the PC sales are down this much it's purely because of Microsoft's poor judgment, then complicated by their unwillingness to correct it.
Intel is in a position to give Microsoft a second chance but Microsoft needs to get with the program, they need to fix Windows 8, give PC users the option of using the W7 desktop and cut, cut, cut prices on W8 for all tablets.
Great timing. Once again the wall st boys come in with a timely report to throw cold water on INTC and protect their short position while INTC is in their quiet period. Maybe the SEC should institute a quiet period on the wall st crooks to coincide with INTC's quiet period. Just a thought.