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Saturday, January 03, 2015 12:48:06 PM
The reason for the strong run in the second half of 2014 is that analysts were finally convinced that Brian and Stacy had successfully adjusted the financials (lowered the bar) and the PC business cooperated to be able to deliver a number of consecutive 'earnings beats' starting in Q2'2014. How many quarterly 'earnings beats' will we get remains to be seen. With some help from Microsoft and progress on reducing contra-revenue in 2015 the 'beats' could continue through Q4 2015.
I posted this in June 2014 and believe we are still on this path to a higher stock price through Q3'2015.
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