Continued Windows 8 Weakness Will Hit ASUStek in Q1 (MSFT)
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Price: $529.30 +0.78%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
Revenue Growth %: +16.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
Revenue Growth %: +16.6%
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Microsoft (Nasdaq: MSFT) is indicated lower Tuesday following a warning issued by one of its OEMs.
According to Digitimes, ASUStek is expected to have a 10 percent to 20 percent sequential drop in revs for first-quarter 2013, largely due to continued weakness in Windows 8 demand.
ASUStek reported a 35.8 percent increase in January revs to $1.35 billion. Despite the jump, the Company cautioned that consumers would still be evaluating Windows 8-based PC products through the first-half of 2013. Demand is expected to rise later in 2013.
ASUStek holds the third spot in both notebook and non-Apple (Nasdaq: AAPL) tablet shipments globally.
According to Digitimes, ASUStek is expected to have a 10 percent to 20 percent sequential drop in revs for first-quarter 2013, largely due to continued weakness in Windows 8 demand.
ASUStek reported a 35.8 percent increase in January revs to $1.35 billion. Despite the jump, the Company cautioned that consumers would still be evaluating Windows 8-based PC products through the first-half of 2013. Demand is expected to rise later in 2013.
ASUStek holds the third spot in both notebook and non-Apple (Nasdaq: AAPL) tablet shipments globally.
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