Great analysis. Yes, cost structure; yes, ARM is the incumbent with all those forces in their favour, such as being tuned to the upgrade rhythm of the phone mar

Great analysis. Yes, cost structure; yes, ARM is the incumbent with all those forces in their favour, such as being tuned to the upgrade rhythm of the phone market. A way out for Intel is their world-leading foundries, with process shrink a generation ahead. It's been suggested they manufacture ARM SoCs, and sell at a premium. But there isn't really a premium market... except for Apple, and its massive margins. And Apple is feeling the heat from competitors hot on its heels. Therefore: Intel fabs Apple's chips. Intel gets a premium. Apple gets a truly unmatchable lead. It's sad for Intel, but Andy Grove has a quote on the cover of The Innovator's Dilemma. They know the stakes. The nice thing for consumers would be a x2 fast or x2 battery life or half-weight iPhone/iPad next March, instead of in 1.5 years. BTW, re: Tegra 4/overshoot - In the next generation, when silicon is cheap enough for oct-core, because we don't need the power (and can't utilise multicore anyway) it will instead lead to the next smaller form-factor. But smaller than a phone is hard to use, for both I and O. A candidate solution is VR glasses - because of size.