Microsoft obviously would love to have lots of people purchasing desktop and notebook PCs with its Windows 7 operating system inside. Now the head of investor relations for the company, Bill Koefoed, has issued a warning that could signal some troubles ahead for Microsoft and it's all due to a now familiar problem.
According to Business Insider, Microsoft had expected to see a rise of 5 percent for PC sales during the last quarter of 2011. However, the floods in Thailand which shut down a number of hard drive factories in that country have now caused Microsoft to predict that worldwide PC sales will actually be slightly lower than sales in the fourth quarter of 2010. The news caused a big drop in Microsoft's stock price in after hours trading on Tuesday
The good news? Koefoed believes that the flooding issues will be a thing of the past very soon as far as the PC industry is concerned. Indeed he stated that "some vendors have talked about how they're recovering faster than expected." Hopefully the PC parts shortages will be solved in the coming months.
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