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Intel Heading Back to Teens After Dead Cat Bounce

Forget about an Intel side business or corporate servers or their really, we really do have them, you just wait mobile plans. That's denial talking. Tablets and Macs killed any thought of PC growth. It's over. Finished. And there's no way in the world Intel can just say we're sorry we wasted a few years, now be quiet and buy our latest "innovation."

Intel missed mobile worse than Facebook (FB - Get Report) did. And the big difference is that Facebook was able to swiftly change course. It has a massive, pliable user base; whereas Intel can't just pick up its chips and move them to the next table. It doesn't work that way.

Intel has no future in the space because it has no future in mobile and the PC will never again offer a meaningful growth opportunity. Imagine if you had to count on partnerships with the likes of Microsoft (MSFT - Get Report) and Hewlett Packard (HPQ) to bail yourself out of a jam.

And the notion that Intel can beat Apple or Microsoft in the living room reeks of an unfortunate old-guard arrogance. That's a large part of what did, and will keep doing, Intel in.

--Written by Rocco Pendola in Santa Monica, Calif.

Rocco Pendola is TheStreet's Director of Social Media. Pendola's daily contributions to TheStreet frequently appear on CNBC and at various top online properties, such as Forbes.
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