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"Steve Ballmer's Nightmare Is Coming True"

(7 posts)
  • Started 1 year ago by CompWiz
  • Latest reply from Scott
  • Topic Viewed 433 times

CompWiz
CompWiz
Posts: 864

Is Steve Jobs enjoying this from above? Karma.

http://finance.yahoo.com/news/.....58610.html

Posted 1 year ago
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raphoenix
raphoenix
Posts: 14920

Hardware struggles as chips and PCs continue slide

http://www.computerworld.com/s.....2012-12-04

Posted 1 year ago
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CompWiz
CompWiz
Posts: 864

Good read Rick.

"The analyst firm now expects worldwide chip sales to decline 2.3% in 2012, from $310 billion in 2011 to $303 billion this year."- this is a slap to face for us poor people! XD are you kidding? We're talking about BILLIONS.

I missed work last Monday due to the flu and now I am worried sick expecting a $80-90 decreased check this week! And they're worried because they're going from $310 billion to $303 billion??? XD IDK if I should laugh or cry!

Posted 1 year ago
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raphoenix
raphoenix
Posts: 14920

A lot of Global Economic Head Winds facing the whole electronics industry.

Is evidenced in the forum questions posed by folks still using 6 year old computers and running Windows XP.

Over half the countries which employ austerity measures to cure their economic problems are now back in recession.

Posted 1 year ago
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CompWiz
CompWiz
Posts: 864

So sad..

another reason why I soothe myself with booze when I can.. XD

Posted 1 year ago
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Scott
Scott
Posts: 5618

Self medication for the masses :)
Probably should buy Diageo, InBev and Heineken stock.

Posted 1 year ago
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Scott
Scott
Posts: 5618

Computer-chip giant Intel Corp.is borrowing $6 billion in part to buy back stock, as U.S. companies continue to make use of forgiving debt markets to make bigger payouts to their shareholders.

Many companies are electing to take advantage of low interest rates to borrow money in the U.S. for share buybacks and dividends, while leaving cash balances held abroad untouched because bringing those funds would trigger a big U.S. tax hit.

http://online.wsj.com/article/.....44390.html

Posted 1 year ago
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