This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

2013 Prediction: Apple and Facebook Will Fly, Intel Will Die

Stocks in this article: INTCFBAAPLRIMM

NEW YORK ( TheStreet) -- As I have written in recent Intel (INTC) articles, it pains me to be so bearish a company for which I have had great respect.

While Intel's fate will likely not be as dismal as Research in Motion's (RIMM), the writing on Intel's wall looks eerily similar to RIM's 2011-12 graffiti.

By and large, Wall Street analysts give Intel a free pass vis-a-vis its pathetic miss mobile. Sure, they lower estimates consistently, but the benefit of the doubt legacy companies often enjoy lingers.

There's this hope upon hope that Intel will turn the corner, produce some funky silicon and become the darling of smartphone and tablet makers. Is a dream a lie if it don't come true or is it something worse?

Intel's mobile miss makes Facebook's (FB) admission of the same appear insignificant.

Facebook has a billion or so users. Interaction with social networks via mobile devices continues to grow exponentially. The media overhyped Facebook's predicament; it's actually in a pretty solid situation. It's ramping up its mobile efforts alongside what's set to be one of the biggest advertising explosions in the history of advertising.

Can you believe Barron's called FB a $15 stock in late September? I'm glad I bought on that ill-advised dip.

By contrast, Intel has to beat down a door that's shut almost as tightly as the one it locked on the PC market.

Chalkboard it: Intel hitched its wagon to a dying space; Facebook stands at the forefront of a growing one. You do the cerebral gymnastics.

Even worse for Intel, something I mentioned in passing in the above-cited article -- If Intel can't become a mobile player and the company loses any or all of its Macbook business, it will be stuck latched onto Windows 8 and the PC market -- became Breaking News Monday afternoon.

Rumor has it that Apple (AAPL), as reported by Bloomberg, might go its own way, eventually hyping smartphone and tablet chips to power Macbooks.

Look the bleep out.

Read that writing on the wall.

People are freaking out about Apple.

I could sit here and gloat, yelping about how right I was. But that would be disingenuous.

By and large, my AAPL bear case looks out years, not weeks or months.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,800.62 -9.44 -0.05%
S&P 500 2,068.24 +4.74 0.23%
NASDAQ 4,748.6820 +35.7120 0.76%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs