Intel CEO Paul Otellini said in a conference call today the Ultrabook market is exploding and that we are basically at the front end of huge growth in the market.  Mr. Otellini said that by the end of the year, Ultrabooks could dominate 40 percent of the consumer laptop market and the daily number of Ultrabooks is increasing, and more growth is coming through 2012.

According to Venture Beat, Otellini said there is a significant blurring of PCs and tablets coming, since many PC makers showed off “convertible” models at CES, where a laptop can be converted into a tablet by rotating the screen.

Otellini also said he believes that the launch of Microsoft’s Windows 8 operating system this year will boost PC sales, including Ultrabook and Windows 8 tablets.

Update 1.24.12 – we removed the quote that stated Mr. Otellini said Intel partners where shipping 1 million units per day.  There was a confusion as to what defined “units”, so the reference was removed.