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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 112.87-0.4%Jan 16 9:30 AM EST
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To: Elroy who wrote (26)7/19/2011 11:48:01 PM
From: Elroy  Read Replies (1) of 2991
 
Getting a charge out of it
The explosion of the mobile Internet is connecting smartphones, digital cameras, PCs, and tablets with Silicon Motion Technology, which makes high-performance, low-power chips for multimedia consumer-electronics products. But the PC market has not been so robust of late.

Computer shipments fell 4.2% in the quarter in the U.S., according to the market researchers at IDC, as tablet sales continue to eat into the PC's share of the market. Gartner says they PCs were down 5.6%. Apple has sold almost 20 million iPads since it first launched the tablet.

While 98% of the nearly 800 CAPS members rating Silicon Motion think it will outperform the market, all of the All-Star members weighing in believe it will beat the Street. Add Silicon Motion to the Fool's free portfolio tracker to see whether it can chip in more growth from the tablet computing's popularity.

fool.com
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