Is the PC Market Dead Forever?

By on September 4, 2010

John Dvorak at Marketwatch speculates that investors will never make money in PC-focused stocks again. Why? Because the computers themselves are now sufficiently powerful and long-lasting that consumers can keep a machine for many years without upgrading.

SMA Comment: Although the stocks of PCs, software, and chip makers have been huge disappointments lately, proclaiming the death of these companies as investments is premature. Once economic growth picks up worldwide there will be resurging demand (especially in emerging markets where per capita wealth will rise smartly).

Source: Marketwatch
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