Tech Trading and Valuation Multiples

Technology Trading and Valuation Multiples

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HPQ and IM Earnings Read Through For Microsoft

Results out of HP (HPQ) and Ingram Micro (IM) yesterday indicate that PC and server demand remains weak, with IBM reporting PC sales declining 19% on a unit volume decline of 4%, and Ingram indicating that they saw weakness across PC and server shipments in January and February with notable weakness among enterprise buyers. This is continued bad news for Microsoft(MSFT) whose business model is facing a bevy of threats from changing consumption patters and a slumping economy. Read More!