Microsoft (NASDAQ: MSFT) says that its sales to PC makers in Taiwan are running up and should rise about 10% this year. Manufacturers in Taiwan make about 60% of PCs sold around the world by companies including Dell (NASDAQ: DELL), HP (NYSE: HPQ), and Lenovo.
According to Reuters, Redmond says it has "started to see a drop in exports to the United States amid worries of a slowing U.S. economy, but sales to countries such as China, Africa and Eastern Europe remained robust." That would tend to confirm what HP said when it announced earnings.
Douglas A. McIntyre
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