Goldman Sachs says tablet computers will cannibalize PC sales at a rate of up to 35%, faster...

|By:, SA News Editor

Goldman Sachs says tablet computers will cannibalize PC sales at a rate of up to 35%, faster than previously predicted. Correspondingly, in 2011, the PC market Intel (INTC) and Microsoft (MSFT) depend on will only grow 8%. In particular, Microsoft will be left behind, as "a tablet response is still not forthcoming."