Ridiculous summary by John Malloy in Fast Company:
Intel was clobbered after Barclays Capital said Apple’s iPad is eating away at sales of PCs and netbooks that use its chips. The firm cut shares of the world’s largest chipmaker to ‘equal weight’ from ‘overweight.’
It isn’t the iPad doing the damage. It’s Intel damaging itself by getting crushed from dozens of mobile devices using non-Intel chips.