Sterne Agee on Microsoft's (MSFT) Tablet Announcement: Likely to Cannibalize Hardware Partners
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Rating Summary:
22 Buy, 21 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 22
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Sterne Agee on Microsoft's (Nasdaq: MSFT) Tablet Announcement: Likely to Cannibalize Hardware Partners
Analyst, Shaw Wu, said, "Our take on this is mixed. On the positive, MSFT is being more proactive in addressing the mobile device market where it has had little traction. On the negative, this will be cannibalistic vs. Windows partners including Dell (Nasdaq: DELL), HP (NYSE: HPQ), Acer, Lenovo, Nokia (NYSE: NOK), and HTC. We would like to note this isn't the first time MSFT has attempted vertical integration. It did so with Zune, Kin (in smart phones) and Xbox. We will need to see how the customer response is. We continue to see Apple (Nasdaq: AAPL) iOS and Google (Nasdaq: GOOG) Android consolidating share."
Sterne Agee maintains a 'Buy' rating on AAPL and HPQ, maintains a 'Neutral' on DELL.
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Analyst, Shaw Wu, said, "Our take on this is mixed. On the positive, MSFT is being more proactive in addressing the mobile device market where it has had little traction. On the negative, this will be cannibalistic vs. Windows partners including Dell (Nasdaq: DELL), HP (NYSE: HPQ), Acer, Lenovo, Nokia (NYSE: NOK), and HTC. We would like to note this isn't the first time MSFT has attempted vertical integration. It did so with Zune, Kin (in smart phones) and Xbox. We will need to see how the customer response is. We continue to see Apple (Nasdaq: AAPL) iOS and Google (Nasdaq: GOOG) Android consolidating share."
Sterne Agee maintains a 'Buy' rating on AAPL and HPQ, maintains a 'Neutral' on DELL.
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