Microsoft and Intel: Apple is Going Down!

Both Intel (NASDAQ:INTC) and Microsoft (NASDAQ:MSFT) are hoping to push Apple’s (NASDAQ:AAPL) share of the tablet market below 50 percent by 2013 by debuting a new device that they hope will be able to compete with the industry-leading iPad.

Late this year, Microsoft will debut its first tablet operating on Windows 8 software that promises to deliver premium tablet experience with the Windows capability behind it. The new device will also have a version specifically for Intel chips.

Neither company has been able to break into the tablet market that has been dominated by Apple’s iPad and select tablets running Google’s (NASDAQ:GOOG) Android software, particularly Amazon’s (NASDAQ:AMZN) Kindle Fire. With both running their own operating systems, Microsoft has had no way to enter the market with its Windows platform.

Apple is currently projected to hold 61 percent of the market in 2012, and analysts have been expecting that share to stay relatively similar the year after, something Microsoft and Intel hope to change.

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Premium Newsletters

Stock Investor Cheat Sheet

Stock Investor Cheat Sheet®

The ultimate Cheat Sheet for finding winning stock picks.
Learn More

Gold & Silver Newsletter

Gold & Silver

Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More

Commodities Premium Newsletter

Commodities Premium

There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more

ETF Investing

ETF Investing

At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business