Don't all current ARM SOCs come with HW video decoder and encoder? Doesn't that qualify as a transcoding solution? It's probably much better performance than quick sync (assuming the particular format is HW supported.)
Bingo, although quite a few do share some hardware between encode & decode so their transcoding performance isn't always as impressive as you might expect. However, that's not true of the Imaginations VXE for example, and from everything I know I'm confident that actually has higher video quality than Intel Quick Sync.
VXE also scales up in performance through both clock speeds and the number of internal pipelines, which is customer configurable. With 4 pipes instead of the standard 2 and a clock speed of 400MHz instead of the standard 200MHz (which is probably very realistic on 28nm High-K), you could transcode *to* 1080p H.264 40Mbps High Profile at 120fps. Well, you could if you had enough memory bandwidth that is, and if the VXD decoder also scaled up performance as easily which it doesn't. Still, 2x to 4x real-time for 1080p depending on the bitrate seems realistic to me.
So yeah, that's not ARM's job (excluding their own hardware video IP which is on a short hiatus while they work on the next-gen architecture) and it's really not a point in Intel's favour at all if the SoC manufacturer does their job well.
Personally, I wouldn't mind, as long as the performance is there (==equivalent to, say, current MacBook Air). Ever since I switched to MS Office for Mac, my Vmware license has been gathering dust.
1.6GHz Core 2 Duo? Oh man, you could beat that silly with a 28nm Dual-Core Cortex-A15 on 28HP. And if you're willing to sacrifice a little bit of single-threaded performance in exchange for higher multi-threaded one, quad-core A15 vs 2.4GHz Core 2 Duo in the current Macbook is the same thing.
The problem, of course, is that: 1) The Macbook Pro has a quad-core i7 which is quite something else. 2) CPU performance will continue to increase. So I rather doubt you'd like Macbook Air performance 2.5 years from now... On the other hand, if you had even half the Macbook Pro's CPU power budget, you could optimise your synthesis and your binning a lot more towards performance and you could still come up with something very impressive (8-core 3.5GHz on 20HP?)
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Practically, I don't think any of this discussion matters because:
1) It's not impossible at all that Apple is still working on a higher performance in-house ARM core. On the right process and optimised sufficiently for performance (as opposed to area and possibly power), that could be more than good enough. We're not talking about a 250mW CPU here.
2) If Apple switches to ARM for 'laptops', I don't think it's to come up with 'yet another laptop'. Capacitive touch screen and the major OS update to go along with it is a minimum in my mind. As opposed to a tablet, laptops will always be defined as being larger and with a physical keyboard. Everything else is an implementation detail.