HP CFO Doesn't See Win 7 Triggering PC Refresh Cycle

Hewlett-Packard (HPQ) CFO Cathie Lesjak says the company does not expect the debut of Microsoft (MSFT) Windows 7 to trigger a major PC refresh cycle.

“We think it looks like a good product, one that folks will really like, but we don’t think it is different enough to drive a refresh cycle,” she said in an interview this afternoon with Tech Trader Daily following the company’s Q3 earnings report. “It’s kind of the way we though about Vista. Over time, folks will move. Others are calling for more of a hockey-stick effect, but we’re not counting on it at this point.”

Meanwhile, Lesjak says the company believes business conditions overall are stabilizing. She said U.S. and China demand stabilized last quarter, and that the trend spread into the Asia Pacific region in the July quarter.

Read the rest of this post on the original site