Good News For Dell (DELL) And HP (HPQ): PC Manufacturing Rising
The company which builds a large portion of the world’s PCs is raising its estimates for the number of units it will build this year. Taiwan-based Quanta Computer, has raised its shipping targets for this year by a whopping 25…
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The company which builds a large portion of the world’s PCs is raising its estimates for the number of units it will build this year. Taiwan-based Quanta Computer, has raised its shipping targets for this year by a whopping 25 per cent, according to The Inquirer. Most of the firm’s output is laptops, the hot part of the market.
The news is very good for Dell (DELL) and Hewlett-Packard (HPQ), and not half bad for Microsoft (MSFT). Wall St. has assumed that a global recession could sharply cut sales of PCs. That would also hurt sales of Redmond’s Vista operating system.
A little light at the end of the tunnel.
Douglas A. McIntyre
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
