The chief executive officer of Intel Corp. said at the company’s investor meeting on Tuesday that sales of personal computers (PCs) and central processing units (CPUs) will only grow in the coming years. Apparently, a million PCs is shipped every day and that number will double by 2014, which means excellent prospects both for Intel and other chip designers.
"In 2010, for the first time, PCs cross a million a day. A million PCs a day [are] built, shipped and sold in the industry. By 2014, that number basically doubles, it approaches 700 million units [annually] as the near addressable market for our company," said Paul Otellini, the head of the world’s largest maker of microprocessors.
Desktop and notebook PCs are not Intel’s primary sources for growth. According to the chief executive officer, netbooks, tablets, smart TV-sets and other products will help the company to boost its revenues and profits.
According to Gartner market tracking firm, the compound annual growth (CAGR) for desktops will be 2.4% from 2010 to 2014, CAGR for notebooks will be around 22% in the same timeframe, CAGR for netbooks will be approximately 15%, whereas CAGR for slate-type PCs will be whopping 73% - 88% (based on the numbers from InStat).
In order to achieve rather substantial growth across all ranges of devices, Intel plans to maintain investing hundreds of millions of dollars into manufacturing as well as development of leading edge process technologies; besides, Intel intends to further strengthen its software and services offerings. According to the head of Intel, it is crucial for the company to improve end-user experience when it comes to software so to differentiate itself, which is why the company will continue to boost its software development efforts.