There is one thing about PC sales being down that is seldom mentioned, and deserves a closer look, but I haven't analyzed it. That 21% was US sales and dragged down worldwide sales which were down less (in a worldwide down economy), and there could have a seldom mentioned reason for US sales being down. In 2011 in the US, I heard, there was a very good investment tax incentive to buy PC's in that year. Like many programs over the last number of years, it robbed sales from the future. Couple that with an foreseen upcoming launch of Win8, worldwide weak economies and I could see a fall off ... at least it is a consideration. And it is not surprising that people spend their "rationed money" on phones and tablets when those are the things they may not have already, and are the hype. MSFT has just now started to be in that game.
The Win8 launch over all platforms is going to be drawn out, and the launch almost seemed convoluted, but I don't know how that could have been avoided unless MSFT just delayed the launch. INTC will eventually get their chips for tablets and phones out with LTE ... and the many manufacturers will eventually offer the new products. It's just going to be drawn out. Plenty of time for bashing and hype. Both sides can have their fun. But MSFT has started to unfold things and others have a new competitor ... we'll see how the future unfolds. I could see the BYOW starting to weaken over the next few years.
only sales at retail is down. in fact, most sales of Windows and Offcie are into corporations and governements, and a high % of Offcie and Windows are now sold on long term basis, and some are sold as softwares only, not depending on hardware sales.
Do not be stupid! Long term propspects for MSFt is bright, and effctive p/e for MSFT is only 5. Best buing portunity of a life time.
Sentiment: Strong Buy