A Fool Looks Back

There were just 76.3 million PCs shipped worldwide during the first three months of the year, according to industry watcher IDC. That's the sharpest year-over-year decline that IDC has witnessed since it began tracking quarterly shipping trends 19 years ago. The low volume of desktops and laptops finds the PC industry back at 2006 levels.

Everyone knows what's happening. Smartphones and tablets are taking over. Apps and cloud-based solutions are making it less necessary to be tethered to a PC. This is terrible news for Microsoft (NASDAQ: MSFT  ) , so it wasn't a surprise to see Goldman Sachs downgrade Mr. Softy shortly after the IDC report.

There will always be a market for PCs; it will probably just continue to shrink indefinitely. This is a market that was ripe for disruption. Most people don't need the processing power packed into laptops, and the lack of desktop portability makes it less practical in these mobile times we live in.

Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.

  • Rite Aid (NYSE: RAD  ) soared after posting its first quarterly profit in six years. There were a few one-time benefits padding those results, and comps clocked in with a 2% decline, but the end result is that the drugstore chain continues to improve its operations.
  • Alcoa (NYSE: AA  ) kicked off the week by posting a surprising increase in adjusted profitability. Analysts figured that the aluminum giant would be posting a decline on the bottom line.
  • Reports surface this week, indicating that Apple (NASDAQ: AAPL  ) is in talks with Yahoo! (NASDAQ: YHOO  ) to expand Yahoo!'s presence on Apple devices. Yahoo! already provides the default weather and stock quote applications for iOS gadgetry. You'll know a deal's in place when Apple adopts the exclamation point at the end of its name.

Now let's look ahead
The mobile revolution is still in its infancy, but with so many different companies, it can be daunting to know how to profit in the space. Fortunately, The Motley Fool has released a free report on mobile named "The Next Trillion-Dollar Revolution" that tells you how. The report describes why this seismic shift will dwarf any other technology revolution seen before it and also names the company at the forefront of the trend. You can access this report today by clicking here -- it's free.


Read/Post Comments (1) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On April 13, 2013, at 9:23 AM, bestwaytoriches wrote:

    Rick ,

    i agree RAD will be a winner this year. Professional money managers have predicted RAD to triple with price target $ 3.20 Dec. 2013 and Dec. 2014 $ 7.40 and Dec. 2015 $ 11. This can be confirmed with institutional money flow and point and figure chart.

Add your comment.

DocumentId: 2362019, ~/Articles/ArticleHandler.aspx, 4/17/2014 9:39:39 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement