Five Troubling Takeaways From CES
These disconcerting trends should be on the top of tech investors' minds.
There were many disconcerting things on the floor of the Consumer Electronics Show. From an enormous half phone/half tablet that uses a stylus to Justin Bieber, there were plenty of things that would make almost anyone do a double take. But beyond that, there were plenty of disconcerting things for investors, too. Beyond the flash and excitement of new were important investment themes that could drive the tech industry for years. Here are five, somewhat troubling, takeaways from last week's conference.
No Upgrade Cycle for PCs
One thing that hardware manufacturers used to be able to count on was that a new version of Microsoft's (MSFT) Windows would spur a wave of purchases from consumers and enterprise customers alike. That trend does not appear to be playing out ahead of Microsoft's planned launch of Windows 8. There just isn't much buzz or excitement to get the new operating system in the hands of users. Considering that every machine that can run Windows 7 can run Windows 8, there is no fear that buying a machine today will mean you can never upgrade. This means there isn't a huge line of people who were holding off a purchase until the new OS was ready.
Bearemy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.