Saturday, 8 September 2012

Worst third quarter 'in the history of PCs

Citigroup semiconductor analyst Glen Yeung offered an outright buzz kill of a prediction about the third quarter in an interview.
"We were looking into the supply chain over the course of August, and really everywhere you looked, PC data points are bad. What we're ultimately going to end up with is the worst third quarter in the history of PCs this quarter, so obviously the outlook is pretty dire," he said.
"Normally, when we see an upgrade cycle in an cycle, it does stimulate PC demand," he said. "I would point out that this is the first time ever that Microsoft has changed operating systems, and it's not just PCs. This time, there's a tablet involved, there's a smartphone involved."

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