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Intel isn't the only PC industry name getting criticized today. Oppenheimer has downgraded...

Intel isn't the only PC industry name getting criticized today. Oppenheimer has downgraded Nvidia (NVDA -1.9%) to Perform, arguing its GPU share gains (at AMD's expense) are now reflected in estimates, and the absence of new share gains leaves Nvidia "increasingly exposed" to declining PC sales. Also, MKM has joined a long list of firms to cut its Microsoft (MSFT +0.7%) estimates: following store checks, it expects FY13 (ends in June) Surface sales to amount to just 3.3M. (Surface order cuts)
Comments (6)
  • rjgood
    , contributor
    Comments (233) | Send Message
     
    That is funny, 2-3 million Surface sales was exactly what MSFT predicted. The NOK and HTC lines of phones are doing well. Indications are pointing to MSFT finally cracking the consumer tablet/phone market.

     

    Not a windfall, but with 92% ownership of the PC market and billions of cash, doesn't need to be. Slow and steady doesn't improve the asking price, but it does ensure a bright future for MSFT.
    5 Dec 2012, 12:17 PM Reply Like
  • berylrb
    , contributor
    Comments (2207) | Send Message
     
    thanks for that reminder RJ, I just had to laugh, because this sort of "miss", which really isn't a miss, is what has plagued AAPL these last few years, analysts jack up their estimates, then drive the stock down even if the original estimate is met. sheesh
    5 Dec 2012, 12:35 PM Reply Like
  • wigit5
    , contributor
    Comments (4119) | Send Message
     
    I agree, analysts and lawyers now eat at the same table in my opinion!
    5 Dec 2012, 01:19 PM Reply Like
  • bill d
    , contributor
    Comments (1905) | Send Message
     
    Table or trough??? Politicians will push both out of the way LOL
    5 Dec 2012, 03:09 PM Reply Like
  • Brandond
    , contributor
    Comments (376) | Send Message
     
    Regarding MSFT, I think it really says a lot about current management when they are sitting on billions of excess cash and they fail to issue a special dividend to reward us longs who have hung in there while the stock price craters and Balmer destroys more value with this dumb Surface tablet.

     

    If MSFT was at all pro-shareholder, they would be like all other cash rich companies and issue a special dividend. With dividend taxes going up next year, less reason to won this POS. Low growth, PC sales going away and a meager dividend. Will not sell in 2012 but will offload this mismanaged company in 2013 to realize the tax loss & offset 2013 gains.
    5 Dec 2012, 08:10 PM Reply Like
  • wigit5
    , contributor
    Comments (4119) | Send Message
     
    When you say cash rich, most of their cash is overseas and thus most of the money would be taxed, once when they brought it back and then a second time when shareholders do their income taxes. (I could be wrong here not a CPA but I'm fairly sure thats how it would work if they needed to bring money back to pay the dividend).

     

    I'm not too upset about the special dividend, I'm more upset with their lack of progress in 10-12 years. I love windows phone 8 though, my lumia 920 is by far my favorite smartphone I have used to date.
    6 Dec 2012, 08:49 AM Reply Like
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