I did a piece about this on the INTC board but basically the whole "PC disappears because everyone moves to tablets" is a myth. We are finding that PC sales were down, tablet sales were down and notebook sales are down. It has more to do with a weak economy and how families budget IT spending then the PC disappearing. People are now using more devices. For example, I have a desktop, a tablet, a notebook computer and a smartphone. Microsoft has good presence in the desktop space, and the notebook space but needs more presence in the tablet and phone markets. They are moving in the right direction and I believe that Nokia is a big part of their mobile effort.
The tablet is the PC. Just hdmi in to your larger lcd and bluetooth to an optional keyboard. does not matter if your cloud is in the cloud or on a local hard drive. Smart tablet vendors will make these logical extensions for the tablets of the future.
One can argue on the status and future of the PC market.
However, keep in mind MSFT doesn't sell PCs - MSFT sells (mostly) software, followed by services, then hardware. If you buy a Windows Phone, you buy MSFT software - same with a Windows tablet or PC, or enterprise server - MSFT sells some very good, very capable, software on all of those platforms, and makes money. Software is a very high profit margin business - no capital expenses on factories, or supply chain mgt, or whatever. Figuratively speaking, MSFT writes a program, pushes a button, and they've manufactured and shipped a million copies. Very efficient.
MSFT is not a one trick pony, dependent on PC sales.
It is a myth that the pc market is less. Soon people will be learning that to do real business you need a
pc. With the immense research needed by a college student, a pc is a logical choice. The PC market is not
dead,so we will have a detachable (take with you) tablet/phone,but the main power will be with the PC.
Amen to that, there is no way anyone is going to do heavy work on a tablet, even with a keyboard, just isnt any way. If anyone asked you to do a significant stretch of work on a tablet and keyboard, you would be asking "You are not seriously thinking of doing this on a tablet are you, you cant be serious?"