IDC Report is the worst in 19 years of reporting. That is in NO WAY bullish for makers of high margin PCs and components. INTC was up because the market makers had the info before it was reported. They drove it up so they could unload shares...it's just that simple
I love these conspiracy theorists who are always sure that the "big boys or market makers" had insider information and control the market. One big reason for the drop is probably everyone waiting for Haswell, in addition to tablets, the bad economy and everything else that has been mentioned.
INTC has so much going for it right now with Haswell and other advancements that this stock will not be down long. They will sell out all that extra capacity because they can put so many functions on an SOC-
All with X86 legacy.
No one else can do all of this or even most of this. INTC could double in sales in three years. With a better multiple, it could be a $60 stock. I am not too worried about a quarters worth of PC sales.
Obviously you have never worked in operations within the Securities Industry. As far as Intel, it's very clear they're core business is no longer the high margin business it once was and you can expect the stock to stay down indefinitely because of this fact. Good luck with your investment, you will need it.
Indeed, Haswell is such a huge improvement that people have been waiting on it. Leave it to the doom and gloom crowd at Wall Street and IDC to turn it into something negative. Well, it's what they do for a living.