SOURCE: Paragon Financial Limited

Paragon Financial Limited

April 13, 2012 08:20 ET

PC Shipments Beat Analysts' Estimates

Paragon Report Provides Stock Research on Dell Inc. and Intel Corporation

NEW YORK, NY--(Marketwire - Apr 13, 2012) - The Personal-Computer Industry showed some unexpected growth in the first quarter. According to a report by research firm Gartner Inc. PC shipments climbed nearly 2 percent to 89 million units, defying analyst predictions of a 1.2 percent drop. The Paragon Report examines investing opportunities in the Personal Computer Industry and provides equity research on Dell Inc. (NASDAQ: DELL) and Intel Corporation (NASDAQ: INTC). Access to full reports can be found at:

Loren Loverde, program V.P. of IDC's Worldwide PC Tracker Program, stated, "History has shown that periods of slower growth are followed by recovery as improving technologies make replacements as well as new purchases increasingly compelling. As a result, we expect PC shipments to pick up significantly by the fourth quarter and beyond as HDD supply and pricing are normalized, Windows 8 is launched, and replacements pick up."

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Dell announced it has signed a definitive agreement to acquire Wyse Technology, the global leader in cloud client computing, to significantly extend its desktop virtualization offerings. The addition of Wyse will expand Dell's desktop virtualization capabilities and provide new solutions and services opportunities for the full range of Dell's enterprise offerings.

Intel Corporation's board of directors has declared 21 cents per share (84 cents per share on an annual basis) quarterly dividend on the company's common stock. The dividend will be payable on June 1, 2012 to stockholders of record on May 7, 2012.

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