Additionally, intel still has plenty of time to get up to pace in the mobile market. The tablet market is as yet largely untapped, especially globally. I wouldn't be surprised if next gen atom processors made their way into leading edge tablets in the next few years, for example.
Generally speaking: forecasts that require intel to roll over and take a massive beating while billions upon billions of business leaks away to its competitors don't tend to pan out in reality. The only way that works is if intel goes bankrupt the instant a competitor comes on the scene, and that's just fantasy.