Is it a surprise that PC shipments are declining? No, but two things stand out: the magnitude of the decline was steeper than expected, and now the Asians have stopped buying. That's news.
The recent wave of cyberattacks targeting major U.S. banks has cast doubt onto the effectiveness of security infrastructure within the online banking sector. Though worrisome, there is a potential beneficiary set to gain from this threat, explains one analyst: the cyber security industry.
Considering how tech companies have fared this year, including rivals such as Cisco Systems spacer, this was not a huge surprise. But Cisco does not carry F5’s high expectations either. If I were an investor, alarms would be sounding. TheStreet.com reports.
Daniel Ives, senior analyst at FBR Capital Markets, informs CNBC that the increasing emphasis for banks to protect against cyber attacks will benefit stocks in the cyber security industry.