Q4 Laptop Market Better Than Feared, Says Sterne Agee

The PC notebook market seems to be doing better than expected, to judge by recent shipment data, writes Sterne Agee analyst Vijay Rakesh writes in a note to clients this morning.

For example, Rakesh sees Taiwanese notebook assembler Compal’s notebook shipments this quarter up perhaps as much as five percent from last quarter, which is ahead of Intel’s notebook projection for the industry of just three percent growth.

Various original device manufacturers are mentioning a decline in PC shipments of just five percent, and say shipments could actually be flat with last quarter. That’s better than Intel’s projection for a six percent decline, and better than the seasonal expectation for a 10 to 15 percent decline.

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