Is the PC dead?
In this Investor Beat: Research firm IDC reports that global shipments of personal computers declined 14% in the first quarter. What does this mean for investors? Also, some stocks making big moves today.
Shares of Zumiez (ZUMZ) rose on Thursday after the apparel retailer reported a 19.7% jump in March same-store sales. Shares of Fortinet (FTNT) fell after the computer-network security maker reported weaker-than-expected sales and profits. Rite Aid Corp (RAD) registered its first annual profit since 2007 and shares hit a new 52-week high. And shares of Burger King Worldwide (BKW) jumped after the company announced that CEO Bernardo Hees was leaving to take the top spot at H.J. Heinz (HNZ).
And in our final segment, our analysts explain why they're watching J.B. Hunt Transport Services (JBHT) and Wells Fargo (WFC).
The speed and quality of PC are much better and can last 5 years or more.
1. No interfaces/ports for a printer
2. Insufficient internal memory, and inadequate office apps to do much real work.
3. Screen size either too small or, with larger screen, it's rather awkward and a little too heavy.
Forget 2 and 3, and maybe 1, also, if I'm traveling. A tablet is what I need to travel with--along with a mini keyboard.
Do I never buy another PC? Maybe not, until I can get 1 and 2 above with a usable screen size into a 1 pound package (battery included)--along with a foldable, or rollable, keyboard that weighs almost nothing. While we're at it--let's make the screen a rollable one, too, 11" x 8.5". Let's make the internal storage a 128GB SSD and have a USB port/s (at least 2) that takes another 128GB flashdrive (or more).
The motherboard and memory, with case, could be the size of a deck of cards, and weigh a half to 3/4 pound with battery lasting 10 hours. That's a system/s I'd buy to replace my PC's and laptop and tablet--and maybe my Kindle, too. About $500 for the package--no more than $750. If you build it, they, and I, will buy it!. Who cares if it runs Win7 or Win8 or Ubuntu, so long as I can have Libre Office or Open Office!?!
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Bill Stiritz has experienced an estimated $145 million in paper losses on his investment in the company.
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