Not one downgrade since the bad news. Is this how they get thier win and dine money
A Death Knell for PC Companies?
By Chris Hill | More Articles | Save For Later
April 11, 2013 | Comments (0)
The following video is from Thursday's Investor Beat, in which host Chris Hill, and analysts Bryan Hinmon and Matt Argersinger dissect the hardest-hitting investing stories of the day.
Shares of Microsoft (NASDAQ: MSFT ) fell on Thursday in the wake of a report by IDC that PC sales declined 14% in the first quarter. IDC cited the shift to tablets and smartphones, and pointed to a slow start for Windows 8. What do slumping PC sales mean for investors in Microsoft? What does the trend mean for Dell (NASDAQ: DELL ) and Hewlett-Packard (NYSE: HPQ ) ? Is the PC dead? In this installment of Investor Beat, our analysts discuss the implications for PC companies.