1 is ARM better price/mips than the cheapest i7?
ARM's main strengths are efficiency (performance/watt), and price.
Also the ARM business model, which builds on others licensing the core technology for inclusion in their own CPU design is an enabler. Hence we see lots of different CPU's, coming from numerous manufacturers, that includes various accelerator technologies and hardware controllers inside the very CPU (including graphics and video/audio decoding/encoding, etc). ARM CPU's are generally complete "Systems on Chips" that can do what most people expects from a netbook or tablet.
2 is there an ARM CPU for sale today as powerful as the fastest i7
No, no, not by far! :lol:
But it's still quite capable for the "every-day tasks" that most people use their computers for. And it's cheap!
I bet that 95% of the Core-i3, i5 and i7 users (i.e. the "common people" (not those really into computing, if you know what I mean), more or less clueless, buying their pre-built systems off the shelves at MediaMarkt or from Dell) spends *most* of their time using Office, Youtube, Facebook, e-mailing, watching holiday photos and videos, video conferencing, chatting, playing music, and watching DVD's and 1080p movies, etc (power gaming, rendering, compiling of huge projects like Linux distributions, etc are excluded), and then current ARM chips works just fine.
But for raw performance, I guess the *current* ARM CPU's would be more comparable to "Atom" kind of x86 CPU's rather than the desktop CPU's...