Sterne Agee analyst Vijay Rakesh told Marketwatch that the expectation that Windows 8 will boost Chipzilla was overstated.
He is advising people that Intel will pretty much stay the same after the new operating system comes out in October.
Rakesh said that Intel has been doing well but the PC and enterprise markets are starting to slow again.
This is because of economic uncertainties, he said in a note. He also believes that the 2012-13 traction into the handset market will be limited.
Windows 8 is expected to be a turning point of sorts for Microsoft but Nomura analyst Rick Sherlund predicted the press will come out with mixed reactions. He thinks that the tame Apple press will be negative on the legacy mouse and keyboard platform and more positive for the touch enabled platform. It seems everyone is programmed to think tablets are cool, while PCs aren't.