Seems like Intel’s future is bleak, and the company may have to be broken into pieces.
As for ARM CPUs seriously moving into the PC space, who knows. It hasn't happened yet, but there's an ever-increasing amount of smoke around the likelihood of ARM-based Macs. It's silly to think that in five years Intel will be a destitute, hollow shell of its former self -- but it's not silly to think that ARM-based PCs are going to not only exist, but be both common and seriously competitive.
2. The idea isn't to emulate OSX apps. It's to repurpose them to run on ARM. And they been doing this with all of the App Store apps for years: