Everyone keeps saying they've "stop competing" which simply isn't true. AMD just doesn't have an answer to Intel's high performance chip. However, they are in R&D for their next high-performance offering, rumored for 2016. In the meantime, its all APUs ahead for them, which are not bad for every-day usage, in fact they are a great value for most computer users.
Sometimes I think people on this forum forget that we power users are a very small part of the overall PC market.