Gartner, which recently questioned whether Microsoft's Windows 8 strategy could keep the Redmond, Wash. firm among the small circle of influential technology companies, dubbed what Otellini called "ultrathin" as "ultramobile" instead to separate them from bulkier, heavier laptops.
Shipments of ultramobiles, Gartner has forecast, will jump 140% this year to 23.6 million from 2012's 9.8 million, largely due to lower prices, touch, and the Haswell processor line.
According to rival research firm IDC, PC shipments were down 14% in the first quarter of 2013 from the same period the year before. Its analysts largely blamed Windows 8 for the decline, claiming that consumers, confused by the new OS, had delayed purchases of new PCs or simply moved on to tablets.
Other analysts have countered IDC, instead pegging high touch system prices as the culprit.
Intel posted revenue for the quarter of $12.6 billion, down 2.5% from last year. Meanwhile, Intel said, the quarter's $2 billion profit was off 25%.
Gregg Keizer covers Microsoft, security issues, Apple, Web browsers and general technology breaking news for Computerworld. Follow Gregg on Twitter at @gkeizer, on Google+ or subscribe to Gregg's RSS feed. His email address is firstname.lastname@example.org.
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