PC market is contracting, and if they don't enter tablets phones market, and dominate consoles they will go...
That's why they snaffled a wizz kid in mobile tech from Apple, and a chip wizard from IBM... to take on the phone and tablet markets. I was also reading that the AMD x8 FX8350 fared well in benchmark tests against comparable Intel CPU's... as in considerably better than its predessessor the, FX8150. So yes, there is hope for AMD and the future.
As for the PC market contracting, well I have to wonder about that. Smartphones and tablets are relatively new, and people are purchasing them to remain connected while on the run, but once the mainstream has caught up, it could well be that we see a level playing field again and PC sales improve markedly from the current trend. I know that in my own household, purchasing phones and tablets took priority over PC related purchases for a while, simply because we didn't have them, but now that we do, focus has shifted back to our PC's.
It's like any other fad, everybody has to get one because it's the 'in' thing, but once everything settles down it will all go back to normal. And people aren't just going to forget their PC's. I know that within my own family and circle of friends, while the smartphones and tablets have been useful tools, we often find them wanting and return to our PC's to achieve what couldn't be done on the less powerful mobile devices.
For mine, the press and so-called tech experts have latched ont the phone ad tablet fad like leeches, making it out to be the best thing since sliced bread, but once all the singing ad dancing is over, or another fad takes its place, things will settle down and those sales will be in decline. As it is, Apple has canceled parts shipments due to weaker than expected sales of iPhone 5 and the iPad Mini.
Yup, the old tried and true [desktop PC] will be around for a long time yet.