It's an ARM based mobile computer. That's why the stock price of ARM holding soar today after the announcement. It reaches 9.91 in today's high and that's 52 week's high point as well.
It's really good news for mobile computing. Apple's iPad will lead the new mobile computing platform and will eventually replace the traditional desktop/laptop computing environment.
Users won't care about the underlying hardware and the OS running, so long as they have enough app and common applications like web browser, email client, photo viewer, and so on.
The new mobile computing era is coming!
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