While Intel had a great first quarter of 2011, many analysts are concerned about the company going forward given the uncertain future of PCs and the looming power of smartphones and tablets. Intel CEO Paul Otellini recently fired back at those doubters, saying that an Intel chip will find its way into a smartphone in the next 12 months and is working to have chips for Android/Honeycomb, MeeGo and Microsoft/Windows mobile OS based tablets.

“We’re heads down on a number of designs on tablets, on all three of those operating systems,” Otellini said.

Source: MarketWatch