PC Industry

Motorola Tops Estimates – Will It Last?

October 28, 2010

Motorola (MOT) delivered much better-than-expected Q3 earnings numbers this morning, sending the stock up 5% to $8.4o in pre-market trading. Motorola is riding high on its wave of its successful Droid brand of smartphones, all of whom run Google’s (GOOG) red-hot Android operating system. However, I’m not wondering how long its success can last. Samsung, [...]

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PC’s Still Stink: Seagate Misses

October 21, 2010

(image courtesy of Seagate) I’m still a major PC-industry bear, and my negative view was only reinforced by hard-drive maker Seagate’s (STX) earnings miss yesterday. Seagate’s Q1 EPS number came in a 37 cents, missing the consensus forecast by 8 cents. Gross margins were an anemic 20.4%, well-below the company’s prior expectations of 22-26%. Now, [...]

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iPad Hits Western Digital

October 20, 2010

Yes, the Apple (AAPL) iPad is taking over the world and no I won’t shut up about it. We’ve already seen plenty of comments from tech-world CEO’s and execs regarding the iPad’s impact on PC sales, but that didn’t stop Western Digital (WDC) from joining the fray: “We think that when you look at the [...]

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Prediction: New Apple Macbook Air Will Run iOS

October 20, 2010

Okay, okay, Apple’s (AAPL) Mac event where it is widely expected to unveil a new Macbook Air is just a few hours away, but I wanted to get my prediction in. I think the new Macbook Air is going to run iOS, the operating system powering the iPad and iPhone 4. Think about this. The [...]

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Apple Still Killing PC Industry Despite ‘Disappointing’ iPad Sales

October 19, 2010

(image courtesy of Apple) So Apple (AAPL) didn’t sell as many iPads in the fourth quarter as the street expected. Shocker, right? Well, don’t start thinking the old-school PC industry is safe. First of all, look at the Mac numbers. Mac sales grew by 27% in a quarter when the broader PC industry grew by [...]

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Did iPad Sales Disappoint?

October 18, 2010

Apple (AAPL) just reported monster fourth-quarter results that smashed Wall Street’s expectations, highlighted by a stunning performance by the iPhone. Apple sold a whopping 14.1 million iPhones during the September quarter, about 3 million more than expected, equal to a 91% year-over-year gain. That’s enough to make me ask, does Apple actually need to sell [...]

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Why Intel is Down After An Earnings “Beat”

October 13, 2010

Intel (INTC) is trading down today after delivering what looked like an earnings beat for the third quarter and upside guidance for the fourth quarter. Here’s an excerpt from my latest Minyanville article explaining the market’s reaction: On August 27, Intel lowered its third-quarter revenue and gross-margin guidance, sufficiently lowering investor expectations as to how [...]

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Why Apple Will Thrive In a Lousy PC Market

October 8, 2010

Yes folks, the PC industry is still in the dumps. We saw two very important things happen this week: 1) IDC said that tablets like the Apple (AAPL) iPad will drag hard-drive demand down by 2-3% this year. 2) Both Samsung and Micron (MU) noted weak DRAM memory pricing trends, which are dragging on both [...]

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Microsoft: All Quiet on the Tablet Front

October 6, 2010

(image courtesy of Microsoft) The Apple (AAPL) iPad is hands-down the most important consumer-electronics device released in 2010. Overcoming mass skepticism towards its usefulness, the iPad’s brilliant design, engineering, and user experience have captured the hearts of hordes of consumers – 4.5 million a quarter, according to Bernstein Research. The iPad has gotten big enough, [...]

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IDC: iPad to Hurt Hard-Drive Shipments

October 4, 2010

I can’t and I won’t and I don’t hide my bearishness on the entire PC industry with the exception of Apple (AAPL). Now here’s an interesting piece of analysis out of market-research firm IDC. Those good folks see tablets, which use flash memory rather than traditional hard-disk drives, puttting a 2-3% drag on hard-drive shipments [...]

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