PC Slump to Stick Around Through H113, Worsen in Q2 (HPQ) (DELL)
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Price: $13.34 -0.07%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.2%
Revenue Growth %: +2.1%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.2%
Revenue Growth %: +2.1%
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If Hewlett-Packard (NYSE: HPQ) and Dell, Inc. (Nasdaq: DELL) are anything to go by, the PC industry remains in dire straits. Well, given that hundreds of millions are sold each year, maybe not that dire, but the segment is consolidating.
Digitimes states today that Taiwan-based supply chain sources have hinted at a continued weak global PC environment through at least the first-half of 2013. The second-quarter is also expected to be worse than first-quarter performance, sources said. One of two catalysts might be able to flatten or turnaround the trend:
a) Intel (Nasdaq: INTC) releasing its Haswell platform, which is expected in June 2013; and/or
b) Microsoft (Nasdaq: MSFT) taking the wraps off of Windows Blue, which is expected in third-quarter 2013.
Consumers generally aren't in a hurried pace to replace notebooks and many will wait until later in 2013 before making a decision.
H-P is higher on its surprise first-quarter 2013 earnings beat, while Dell is relatively stagnant given its $13.65 per share 'go private' offer.
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Digitimes states today that Taiwan-based supply chain sources have hinted at a continued weak global PC environment through at least the first-half of 2013. The second-quarter is also expected to be worse than first-quarter performance, sources said. One of two catalysts might be able to flatten or turnaround the trend:
a) Intel (Nasdaq: INTC) releasing its Haswell platform, which is expected in June 2013; and/or
b) Microsoft (Nasdaq: MSFT) taking the wraps off of Windows Blue, which is expected in third-quarter 2013.
Consumers generally aren't in a hurried pace to replace notebooks and many will wait until later in 2013 before making a decision.
H-P is higher on its surprise first-quarter 2013 earnings beat, while Dell is relatively stagnant given its $13.65 per share 'go private' offer.
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