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
“The Next NVIDIA” Could Change Your Life
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.