Intel Predicts $699 Ultrabooks by Summer

Intel said Wednesday that it believes prices for ultrabooks will go as low as $699 in just a few months and that 75 new models of the ultrathin and light laptop form factor are in the development pipeline.

For starters, makers of ultrabooks could cut costs by using composite materials for cases rather than the expensive, pure metal casings popularized by Apple with the MacBook Air, Moorhead said. Also, current ultrabooks feature solid state drives (SSDs) but less expensive models may instead utilize cheaper hybrid drives. Finally, the analyst said, Intel’s lowest-tier Core i3 processors could be used to further drive down costs, and for consumers, price.   Intel believes ultrabooks will soon dominate the laptop market.

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