As investors gear up for the biggest week of the season for technology earnings, analysts say the mood on Wall Street is looking fairly upbeat.
Analysts say they expect the overall results to meet or exceed company forecasts.
Overall earnings for the tech sector should be up significantly over last year. That's notable, he said, because last year was a particularly strong year for tech earnings. As for the PC industry, Kurtis King, an analyst at Banc of America Securities, predicts a smooth quarter. Although the second quarter is typically the hardest period of the year for PC firms to meet sales goals, he said the largest firms should fare well, with Dell expected this week to report earnings that exceed analyst estimates. King had a mixed outlook for Apple.