Intel Corporation (NASDAQ:INTC), Hewlett-Packard Company (NYSE:HPQ) And Others Showing Positive Signs Amidst Better PC Sales In Recent Quarter

Boston, MA 09/02/2014 (wallstreetpr) – While the jaw-dropping positive sign in terms of personal computer sales gave a push to recent quarter results for chip-maker Intel Corporation (NASDAQ:INTC), computer manufacturers Hewlett-Packard Company (NYSE:HPQ), Lenovo Group Limited (ADR) (OTCMKTS:LNVGY) as well as software magnate- Microsoft Corporation (NASDAQ:MSFT), it also reflected that the PCs demand has not dried up completely.

Intel And HP Driving High On Better Stocks

The investors recently brought to everyone’s notice that the stocks of HP as well as Intel jumped up over 30% in 2014, while the shares of Lenovo witnessed a surge of 23%. The overall NASDAQ Composite Index climbed up 9.7%.

Also, yet another effect of counter-intuitive trend was witnessed in the recent results of Apple Inc. (NASDAQ:AAPL). Apple’s forte is PCs and it managed to surprise the entire market with its 18% increase on the YoY basis, as far as the Mac sales in June quarter were concerned. Nevertheless, Apple also reported a downfall of 9% in iPads sales.

PCs Not Dead Yet

This reflects clearly that we might still wait a little more for final obituaries of PCs. The fact that the desktops are running in line with cut-throat competition of a range of devices (including tablets and smartphones), is good enough to establish the fact that they might have more time left. In fact, according to IDC, the sales of personal computers or desktops went up by an 11% average per year, from 2006 to 2010. Here, it is also important to focus on the fact that iPad took birth in the year 2010 only. Since then, the sales of PCs took a setback of 4% decline yearly on an average.

Keep up the efforts to shun the computing market flux

All this shows that the leaders in PC market segment need to buck up and diversify their range, even if it would be a slow process. Customers are still in the state of perplex when it comes to decision between tablets and PCs, which means that this flux can be materialized by the PC leaders. While PCs will most probably show an ebb, but the companies which generate a chunk of revenue from this business still have a light at the end of the tunnel.

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Published by Alan Masterson

Alan has over 25 years of trading experience in the U.S. equity markets. He began his career in finance working on a program trading desk specializing in over-the-counter stocks. His career progressed from that point to his current position as senior trader on an institutional trading desk. In the evenings, Alan teaches economics at a local community college. He has contributed articles to various publications over the last six years, including feature articles for an economics magazine and various financial blogs. You may contact Alan via his email (alanmasterson@wallstreetpr.com) or his Google+ page (https://plus.google.com/103338576216002376250).

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