Intel has huge gross margins on their chips. They make up the difference in sales numbers with their margins. They've had minimal competition from AMD in the de

Intel has huge gross margins on their chips. They make up the difference in sales numbers with their margins. They've had minimal competition from AMD in the desktop/laptop and server markets so they've made money hand over fist. While they could be a player in the smartphone CPU market it's not like they had it tied up and lost it. Intel's real challenge now is recognizing that the desktop/laptop and server markets are no longer guaranteed sales for them.