Companies Hitting the Brakes on PCs

By Paul Carton

Corporate PC purchasing continues to weaken, according to the latest ChangeWave survey, and will remain sluggish for the remainder of 2008. This marks the third-consecutive quarter we're seeing a drop in corporate PC buying going forward.

Our Aug. 11-21 corporate buying survey of 1,947 respondents involved with IT spending in their organization focused on PC purchasing plans among businesses for the fourth quarter.

How will this sluggish spending environment affect Apple (AAPL), Dell (DELL) and Hewlett-Packard (HPQ)?

Read on to find out.

Enron All Over Again

It's sad to say that less than a decade later, the Enron scandal is small potatoes. The current market fiasco is bringing the whole financial system to its knees. Washington Mutual (WM) is down 94%, AIG (AIG) is down 95% and Lehman Brothers (LEH) is down 99%.

It will take most investors years to recover. But you can start capturing gains a helluva lot quicker.

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Hot Tickets From the Alliance

Each week Alliance members submit "Hot Tickets" as a way of presenting new observations and ideas on investable opportunities to ChangeWave. Today we're focusing on third-party applications that iPhone owners would like to see made available.

*Note: These Hot Tickets are for informational purposes only. They do not represent recommendations from ChangeWave.

Question Asked: If you could create your own third-party application for the Apple (AAPL) iPhone, what would you have your application do?

• AND30887 writes: "Ability to cut and paste text from one application to another. Also, should have more comprehensive search capabilities within the contacts application."



• RWM82882 writes: "It should allow you to schedule a call and alert you with the contact's list of numbers ready to go."



• WAJ96953 writes: "Add voice-over-IP (VOIP) that automatically switches on when the cellular reception is not as strong as a Wi-Fi connection."



• MIC9787 writes: "Streaming stock quotes (not delayed); turn-by-turn GPS; and a programmable remote for opening my car and house, and to run all my TV/stereo stuff."



• MSR6285 writes: "Using the iPhone as a modem for my computer over the 3G network."



• DIZ49726 writes: "Tell me the location of someone else based on where their cell phone is."

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