I think the ARM fanboy investors are in a state of shock also.
I mean the media had told them there was NO CHANE that Intel could take the power usage in its chips down to the level needed to be in phones.
Of course, they were full of it.
Now imagine all their shareholders losing money on ARM and their Intel shorts. They are not too happy.
before this thing is over, Intel will be at 30 and we will still be getting lots of downgrades and NO ONE will be listening. Intel profits will pretty much make the idiots with no clothes on look naked to us all.
I am waiting for the latest ARMH "Intel Deathnail" story to come out.
I agree, the analysts must be getting nervous. Even the iPad sales sluffed off after a while. And what happened to the "89% of the Fortune 500 companies are evaluating iPads" story? I guess the returned them to Best Buy and got their money back after the evaluation period.
These downgrades are kinda lazy. don't you think? Citing the same information that they said last year. You can only cry wolf so often.