“Apple Inc. is on track to extend its lead as the biggest electronic chip buyer after overtaking Hewlett-Packard Co. last year on surging demand for its iPhone and iPad tablet and waning personal computer sales growth,” Hugo Miller reports for Bloomberg.
“Apple has bought $17.5 billion worth of chips for its devices in 2010, compared with $9.7 billion the previous year, El Segundo, California-based IHS ISuppli said in a report today,” Miller reports. “Apple’s semiconductor spending is expected to exceed Hewlett- Packard’s outlay by $7.5 billion this year, up from $2.4 billion in 2010.”
“Apple said this week it has sold more than 25 million iPads since the device went on sale in April, 2010 demonstrating the demand for a device that can offer many of the features of a laptop in a smaller and lighter format,” Miller reports. “Hewlett-Packard, based in Palo Alto, California, on May 17 said consumer PC sales dropped 23 percent last quarter, and cut its annual sales forecast by $1 billion.”
Full article here.
[Thanks to MacDailyNews Reader “GetMeOnTop” for the heads up.]
Guess one could say “the chips are down”.
Well, it was just a little dip…
Thank you, thank you very much.
I guess the chips are down.
Well, you know what they say:
“If the chips slip on your watch, you gotta put the silly cone on and go stand in the corner.”
You can say that again, Tezza! Oh, you already did.
Sounds like Apple already “blew past [sic]” HP in 2010. So what else is new…?
If the chips are down, the buffalo is empty.