Jefferies Reins In Global PC Sales Expectations, Lowers Microsoft Estimates & PT
Posted on November 29, 2012 at 11:14 AM EST
Jefferies’ Peter Misek has a note out today on global PC sales, and it isn’t optimistic. Misek maintained his below-consensus 2012 estimate of -4% year-over-year for branded PCs, with fourth quarter shipments down 5% year-over-year. He notes two main reasons: “1) Jefferies HK/China Technology analyst Ken Hui believes component pull-in by PC OEMs was 10% [...]