Intel CEO Paul Otellini predicts PC sales will double to 2 million units per day by 2014:
"In 2010, for the first time, PCs cross a million a day. A million PCs a day--built, shipped, and sold in the industry. By 2014, that number basically doubles, it approaches 700 million units (annually) as the near-addressable market for our company," he said during an event that was streamed on the Web.
And within five years, Intel expects to be shipping a billion chips per year in all device markets, he said.
Addressing the market for Netbooks--small, inexpensive laptops built around Intel's Atom processor--he said Intel expects good growth ahead. "This market (Netbooks) that we created will grow north of 20 percent year-on-year this year. It's got a 15 percent CAGR (compound annual growth rate). Still no sign of material cannibalization of the notebook market by Netbooks," Otellini said.