Slow PC Sales Mean More Bad News for Microsoft

 |  Includes: HPQ, IBM, IM, MSFT
by: TMT Analyst

Results out of HP (NYSE:HPQ) and Ingram Micro (NYSE:IM) yesterday indicate that PC and server demand remains weak, with IBM reporting PC sales declining 19% on a unit volume decline of 4%. Ingram indicated 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 (NASDAQ:MSFT) whose business model is facing a bevy of threats from changing consumption patters and a slumping economy.