Clock speed is not the whole story what the people were laughing at was the petulant tone Intel had at the time. I was studying the history of these companies and you find out that Intel, and AMD upper executives had a "history" which all started with a group that were later called "The Traitorous 8". By the time of the 1 GHz chip event the members of this group had moved on or had retired but the bad blood between the two companies remained. This rivalry is what attracted the group I was running with. We could not afford Apple computers, they didn't run our software, and the people who had them were snobs. We went with AMD they were cheaper anyway. In those days, circa 1990, in a computer crowd if you said you used AMD processors the Intel people looked at you like you were at a PETA meeting eating a ham sandwich. We loved it. The differences between the Apple and PC world were demonstrated to me the first time I went to an Apple Store. I had made my appointment at the "Genius Bar" (I was laughing when I did this online) I was there to get an iPod Touch replaced under warranty. The store lay out was interesting but what did it was a lady came in carrying an iMac, she was in tears, It was like she was bring a sick Dog into a Vet'. The Genius patiently calmed her down and fixed her iMac. The lady left overjoyed that her friend was working again, you know that lady was an Apple acolyte forever. Coming from the PC world it would have been 'piece of crap in the trash'. Did you get the Hard drive out; ya, cool. I walked out of the store realizing that Apple, Steve Jobs, was a marketing genius. I was taking care of my parents PC, not computer literate, always problems. I finally purchased them an iPad and they have been happy ever since. .