Apple's continued onslaught on the PC

Feeling the crunch on PC sales due partly to Apple's continued success and "Halo" effect from the iPod and the iPhone.

HP is going after IBM's large clients where it will eventually have more space to compete, and possibly recover lost revenue. HP will most probably be reporting below expectation on Thursday and is betting that its new acquisition will reassure investors of better times to come.

Dell the major looser to Apple in terms of market share is still to declare any clear strategy to overcome dwindling PC sales.