With the introduction of its Atom chip, Intel has been a significant player in the netbook market. Intel CEO Paul Otellini is optimistic about the future performance of this market. He see revenues and earnings from netbooks increasing from single digits this year to low double digits within the next few years.
According to Otellini, computers are in “a growth industry,” especially with the growth of the technology in emerging markets such as China, India, and Brazil. “We’re on top of a growth engine and we intend to deliver.”
What does Otellini have to say about Apple and the new iPad’s impact on netbook and notebook sales? Otellini believes that tablets and netbooks offer additional means for consumers to stay connected, “I don’t think they will take away market share from other devices.”
Really? We’ll have to see about that — only the future can tell. We’ll be sure to keep you posted on any new developments.