toggle

AAPL Stock: 123.24 ( + 0.47 )

Printed from http://www.macnn.com

Analyst report indicates resilient Apple, HP sales

updated 04:05 pm EDT, Thu July 9, 2009

Kaufman on semi sales

A semiconductor and IT hardware report, produced by Kaufman Bros., is said to indicate that major companies -- including Apple and HP -- will continue solid sales into July despite lower sales than anticipated, following the second quarter ending with growth of 5 to 10 percent quarter-over-quarter. The research group also suggests that notebook and PC sales will maintain strength despite declining stock prices, and continued concerns over unemployment and the economy. Semiconductor companies such as Skyworks, Cypress and Atmel are expected to ride out momentum built on smartphone sales throughout July.

Kaufman is further arguing for stronger notebook demand for CY, Pericom and Standard Microsystems, and continued momentum for digital TV sales, benefiting Zoran, PSEM and MIPS. Demand is meanwhile thought to be outpacing supply in terms of hard drives, optical drives and panels; a lack of production expansion is blamed.

The report suggests that overall demand, as well as restocking, is responsible for driving sales in March, April, and May. Enterprise sales in particular are said to be stabilizing after several quarters of weakness.




by MacNN Staff

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

15-inch MacBook Pro with Force Touch

Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

Typo keyboard for iPad

Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

Entry-level 27-inch Retina iMac

The 27-inch Apple iMac with 5K Retina display is already one of the best value-for-money Macs that Apple has ever released. It was som ...

toggle

Most Commented