The firm goes on to say that the PC industry is having trouble with identify and innovation. Apparently, the sector is in the middle if a transformational identity crisis, whereas those shifting toward consumer preferences are taking share, while those rooted in the past become the source of market share.
As for market reaction today, the Nasdaq 100 is underperforming the S&P 500 a tad. Tech titan AAPL recently made a low of $419. This prior low made about a month ago, will prove to be an important trading pivot for perhaps a short-term bounce.
