palladin9479 :
Not to mention how utterly weak the hardware is, composing an email was excruciatingly painful.
That's your perception having grown up with desktop computers as the norm. My 4 year old nephew emails me from his iPhone and that's just how it's done in his world. He can work an iPad/iPhone better than I can. To him a full size keyboard is awkward. I can't stand touch or on-screen keyboards but the youth of today don't care. They know how to swipe. They take mobility over power any day.
I've composed emails on 90Mhz Pentium PCs. I don't know how it's possible for a 1Ghz+ smartphone to be worse than that. Email is one of the most basic and simple things you can do on a computer. I don't even get personal emails anymore, that's just for work. At home I just get text/IM messages.
I personally can't stand tablets, but that is my perspective. They're still selling like hot cakes. What I hear you saying is they're not up to your standards, but I have cousins that don't even own PCs anymore. Or they have them but they're never turned on anymore. For them the phone/tablet has taken over every aspect they needed.
Five years back at a family get together people would gravitate toward the family PC at some point to share things, or play some games, look at the latest Youtube craze.
Thinking back to Easter people just stayed in the living room or out on the deck. Cell phones, tablets, that is all people looked at. The kids didn't go on the computer anymore. No one even went in the computer room. The kids aren't asking their parents to buy them a PC anymore. They want the latest phone/tablet.
The notion that the traditional desktop/laptop PC is on decline just because of market saturation is a misnomer. There is simply less demand for it.