Re:PC market has seen its first growth quarter in six years
by adventured on Saturday July 14, 2018 @11:05AM
(#17530603)
Immediate business expensing courtesy of the US tax changes.
HP + Dell added 1.7 million units vs the prior year. A substantial boost for them.
From April:
"Tax Windfall Going to Capex Way Faster Than Stock Buybacks"
"Among the 130 companies in the S&P 500 that have reported results in this earnings season, capital spending increased by 39 percent, the fastest rate in seven years, data compiled by UBS AG show."
HP + Dell added 1.7 million units vs the prior year. A substantial boost for them.
From April:
"Tax Windfall Going to Capex Way Faster Than Stock Buybacks"
"Among the 130 companies in the S&P 500 that have reported results in this earnings season, capital spending increased by 39 percent, the fastest rate in seven years, data compiled by UBS AG show."
https://www.bloomberg.com/news/articles/2018-04-26/trump-tax...