100% Agreement. Their failures to penetrate the mobile market could be understood for a few years as their technology was behind (SOC integration, power consumption, lack of modem/etc). But, over the last couple of years they have come out with some pretty good products. For most measurements, their stuff is actually better than pretty much everything but apple products.
Yet, what does Intel management do late last year? Cancel the entire business! Which is so short sighted its not even funny. I have no doubt that long term they are done for because of it. ARM's partners will continue to make subpar servers, until they don't, and the fat margins will evaporate and its game over for Intel..