Goldman Sachs Provides Color on Technology Sector

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Goldman Sachs provided color on the technology sector. In a research report published today, Goldman named some of the crucial trends in the industry.In the report, Goldman states, "PC demand has stabilized in 2Q, with commercial still stronger than consumer... We are cutting our smartphone forecast to 52% yoy unit growth from 57% due to weakness at Nokia and RIM... Consensus in the supply chain is that Apple's tablet momentum will remain very strong in 2011... Supply disruption from the Japan earthquake was generally contained to the auto sector."The report also names the best and the worst performers in the upcoming period. "We are incrementally positive on Apple, Linear Tech, and Infineon, and incrementally negative on HP, AMD, Broadcom, and SanDisk."

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