Intel (INTC) Pres Renée James Says PC Not Dead, Just Evolving

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Intel Corporation (NASDAQ:INTC) President Renée James believes that the personal computer is not dead. Rather, it’s just evolving.

In an interview with CNBC, the 25-year Intel Corporation (NASDAQ:INTC) veteran noted that in the future, she sees people not debating about whether PCs or tablets will win in the tech industry.

“In five years’ time, I don’t think we’ll be talking about PCs versus tablets. What we’re going to see is a blending [of the two]. In the end, [this]will look like significant growth, if not a doubling, of what was just known as the PC business,” she argued.

Intel, Renée James, Is Intel A Good Stock To Buy

Intel Corporation (NASDAQ:INTC) has long been regarded as the undisputed king in the microprocessor for personal computers industry. However, with the advent of more powerful smartphones and tablets, mostly powered by processors based on ARM Holdings plc (ADR) (NASDAQ:ARMH) technology, people have been beginning to shift to using these smaller and more mobile devices for tasks they usually used PCs to do in the past. This has led people to question whether the chip-maker will be able to survive in what is being called as the “post-PC era”.

What Ms James suggests is that further down the road, tablets and laptops will evolve into a singular class of device that better integrates features of what is currently known as the PC and the tablet. Currently, tablets are more likely to be referred to as mobile devices much like the smartphone. Ms James suggests that this new device that blends the PC and the tablet will be seen as the new PC.

The Intel Corporation (NASDAQ:INTC) executives remark comes after CEO Brian Krzanich admitted last week that the tech giant fumbled on tablets and smartphones. However, the chief executive did say that he is confident in the company’s mobile strategy.

Also last week, Mike Holland, chairman of Holland & Company, L.L.C., expressed that he thinks Intel Corporation (NASDAQ:INTC) is greatly undervalued.

Disclosure: None

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