Are Intel, Dell Numbers Indicators of Tech Turnaround?

This CNET blog takes a look at the numbers tossed out by two tech giants last week. Intel raised their 3Q expectations, indicating PC recovery. However, analysts caution that this may not be a true turnaround and point to Dell’s 2Q numbers as evidence. In other words, things are still as muddy as they were before the announcements.

"The problem for the industry at large is that ASPs (average selling prices) are dropping like a rock," said Kumar. And on a macro level "employment is still weak and consumer discretionary spending is under pressure," according to Kumar.

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