Today, Nomura analyst Rick Sherlund cut his Windows 8 sales estimates saying that “Windows 8 is off to an awkward launch,”. He noted that several factors for such launch. First PC OEMs were slow to bring out tablets and ultrabooks based on Windows 8, a steep learning curve is required for consumers to use Windows 8 and the bad press due to confusion between Windows RT and Windows 8.
“In looking at Microsoft, we have assumed essentially no growth going forward in traditional PCs (or actually down about 6 [percent] if we exclude new ultrabooks) and the more relevant market growth of about [3 percent to 5 percent] if we include Windows-based tablet devices. We assume that many consumers will prefer an iPad to a Windows device, but that Office is still an anchor for enterprise and prosumers that may chose to upgrade notebooks to either ultrabook touch or tablet/hybrid devices for longer battery life, thin, light-weight and touch that addresses the desire for new form factors and new tablet based usage and apps. 2013 could be a good upgrade year for old notebooks,” Sherlund said.
Rick also trimmed his EPS forecast of Microsoft for the June 2013 fiscal year to $2.81 a share from $2.93; for FY 2014, he goes to $3.10, form $3.24.