First came the PC, then the notebook and netbook. Now we fast forward to the smartphone and the tablet. These new devices are taking the technology world by storm. Apple (AAPL) could sell 30 to 65 million iPad 2s this year.

As a result, The PC industry is bleeding badly. Look at these numbers:

• February revenue from PC makers in Taiwan is down 20%. The number is significant because Taiwan manufacturers 90% of all PCs.
• Hon Hai (HNHAF), which makes Apple products and PCs for Dell (DELL), saw shipments down 18% in February, as reported in Financial Times.
• Gartner, a research consultancy, lowered PC shipments by 5% to 387.8 million units this month.

Continue reading Acer Losing Market Share to Smartphones and Tablets

Acer Losing Market Share to Smartphones and Tablets originally appeared on BloggingStocks on Fri, 01 Apr 2011 13:00:00 EST. Please see our terms for use of feeds.

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The day was starting out solid after jobless claims took a real drop and got further away from last week’s 500,000 claims. The problem is that Midwest manufacturing data was weak and there are concerns that tomorrow’s Q2 GDP revision is going to be far worse than the prior report. Bond yields also continued to head south as investors are seeking safety in bonds and exiting stocks during the dog days of summer.

Here were the unofficial closing bell levels:

Dow Jones 9,985.81 -74.25 (-0.74%)
S&P 500 1,047.22 -8.11 (-0.77%)
Nasdaq 2,118.69 -22.85 (-1.07%)

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DJIA Stocks Yielding More than 10 & 30 Year Treasuries

Continue reading Closing Bell: Losing DJIA 10,000 (ARST, JDSU, WSC, BRK.B, SCON, CERP)

Closing Bell: Losing DJIA 10,000 (ARST, JDSU, WSC, BRK.B, SCON, CERP) originally appeared on BloggingStocks on Thu, 26 Aug 2010 16:20:00 EST. Please see our terms for use of feeds.

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Dow Jones Industrial Average – Business – S&P 500 – Investing – Stocks and Bonds
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Filed under: Before the Bell, Economic Data

Gross domestic product growth slowed to a 2.4% pace, the slowest in nearly a year, the Commerce Department announced Friday. The reading of this measure of economic activity is too weak to push down unemployment. The quarter saw consumers spend less and retailers limit stock, this combined with the fact that the trade deficit had a larger impact on the economy and we have the formula for some rather unpleasant economic news.

Combine this report with the one indicating that the recession was worse than originally thought and our rosy picture of the economy takes a noticeably gray tint.

Continue reading Second-Quarter GDP Suggests Recovery Is Losing Steam

Second-Quarter GDP Suggests Recovery Is Losing Steam originally appeared on BloggingStocks on Fri, 30 Jul 2010 10:00:00 EST. Please see our terms for use of feeds.

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Economic – Gross domestic product – Recession – United States Department of Commerce – Balance of trade
BloggingStocks

The Thai government has never regarded all of the anti-government protestors as terrorists Prime Minister Abhisit Vejjajiva said Monday in Parliament during a no-confidence debate in which he and his party clearly won.
Abhisit responded to Pheu Thai Party MP Chaiya Promma, who earlier attacked him for calling the anti-government protestors terrorists.
“I and the government have [...]
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