4.4 • 3K Ratings
🗓️ 13 June 2014
⏱️ 39 minutes
🧾️ Download transcript
Intel rises. Priceline buys OpenTable. Twitter's COO resigns. Lululemon stumbles. And GM issues another recall. Our analysts talk about those stories and Motley Fool Singapore Director David Kuo shares his thoughts on the slowdown in China.
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0:00.0 | Everybody needs money. That's why they call it money. |
0:07.0 | From full global headquarters, this is Motley Fool Money. |
0:19.0 | It's the Motley Fool Money Radio Show. I'm Chris L. and joining me in studio this week |
0:22.5 | from Motley Fool Pro and Options Jeff Fisher from Motley Fool Income Investor James Early |
0:27.0 | and from Motley Fool Hidden Gems, Chief Investment Officer Andy Cross. Good to see you, Gents. |
0:32.0 | Good to see you, Chris. Gentlemen, we will break down the latest news in retail, automotive, |
0:36.0 | the tech industry and more. We will head to Singapore for a perspective on the biggest international markets. |
0:41.0 | And as always, we'll give you an inside look at the stocks on our radar. |
0:44.0 | But we begin this week with big tech. Intel does not report earnings until mid-July, |
0:49.0 | but the world's largest chip maker raised guidance for the current quarter |
0:53.0 | and the full fiscal year on stronger than expected demand for corporate PCs. |
0:58.0 | Stock was up pretty big on Friday, Jeff. I thought the PC was dead. What's going on here? |
1:03.0 | Surprise, surprise. It is a surprise that more corporations are buying PCs than expected. |
1:08.0 | Mostly they're upgrading or we are announced to suggest they're upgrading from Microsoft XP, |
1:14.0 | which Microsoft is no longer supporting to the latest software. |
1:18.0 | So the question is how long will this upgrade cycle carry PC sales? |
1:23.0 | Because IDC research still expects PC sales as a whole to decline 6% unit volume, 6% lower this year. |
1:31.0 | And that's on the back of eight straight quarters of declines, two years of declines for PC sales. |
1:38.0 | Andy, Intel for the longest time was considered to be a bell-weather stock. |
1:43.0 | But hearing everything that Jeff said, it seems like maybe not so much anymore. |
1:48.0 | Well, I tell you, the news that came out I think was quite shocking because the rest of us, I was like PCs. |
1:53.0 | I mean, I think that industry was just totally dying by the vine. |
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