Motherboard data somewhat weaker

BofA cuts motherboard estimates slightly. Desktop units declined more than expected in the month of February (down 23% m/m versus estimate of down 9%). Notebooks were slightly stronger but are a lower volume segment of the overall data. Their overall quarterly shipment estimate goes from down 10% q/q to down 11% q/q. They say it's not demand related -- they're blaming it on snow storms in China and on a fire at an LG Electronics battery plant that's constraining Hewlett Packard's units -- HP is cutting some production forecasts to better get in line with their battery availability.