PC 2Q Sales Weak, Raising Doubts About Earnings

Although worldwide PC shipments were up in the second quarter, growth was less than expected, causing a slight dip in stock prices for Intel, Dell, AMD and Apple.

The tepid diagnosis of the PC industry's health in two reports released Wednesday offers another sign of trouble for an industry at a crossroad. The reports' findings threaten to weaken investor sentiment about the sector heading into earnings season, with Apple Inc. and computer chip makers Intel Corp. and Advanced Micro Devices Inc. scheduled to report next week.

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