Intel Corp (INTC)

[Ideal_Inv]

You have to use spreadsheets if you go to college

Well, you have to use wordprocessors and presentation software (MSWord, Powerpoint, etc.) if you go to High School, even Middle School for that matter. Further, most textbooks are available online - so kids need to be able to access these textbooks on a bigger screen. On top of this, middle schoolers and high schoolers need a versatile device for accessing Edmodo (FB equivalent for schools) where teachers and students schedule specific activities and discuss classroom assignments.

All these activities involve quite a bit of typing - something that you cannot do very well on a smartphone or tablet. The only device that can allow for all these activities is the laptop or a hybrid.

I would so far as to say that you cannot do well even in Middle School without a laptop or hybrid. And I'm pretty sure that is the case world over. So there is a huge population of laptop users - current and future.

FPG is living in a bubble with no visibility to the real world.