The surprising performance of Intel (NASDAQ:INTC) in the last quarter generated questions as to the reliability of projections tablets will eat deeply into PC sales going forward.
UBS (NYSE:UBS) analyst Uche Orji concluded that “more than 50% of PC sales are now from emerging markets, making it inherently more difficult to track; desktops are performing better than expected, and with 1/3 of PCs in emerging markets built by white box makers, market data estimates don’t capture it all; ASPs were better than expected as Sandy Bridge drove a richer mix; Foxconn, Pegatron and Samsung are tracking better than the reporting Taiwanese ODMs we track.”
Numerous analysts weighed in on the story, and all of them had their own bullish or bearish takes; in many cases directly contradicting the arguments of their counterparts.
Normally that means the market is clueless as to what is the state of a particular situation, and it'll only be revealed over time.
The tablet, PC story has yet to play out as to its actual effects on Intel and other companies.
Intel was trading at $21.15, gaining $1.29, or 6.50 percent, as of 1:45 PM EDT.
Wednesday, April 20, 2011
Intel (INTC), PCs, Tablets and Future
Labels:
Intel Corp,
PC Sales,
Sandy Bridge,
Tablets
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