McAfee (NYSE:MFE) is one of the main competitors to Symantec (NASDAQ:SYMC) in the consumer antivirus and PC security market. We recently launched coverage of the company with a Trefis price estimate of $35 for McAfee’s stock. McAfee makes money primarily by selling three types of software:
- Security Software for Businesses
- Consumer Antivirus Software
- Network Security Software
McAfee provides system security software to both businesses and consumers that help them block malware on PCs as well as mobile phones. The company also provides data loss prevention software to protect data through encryption and user authentication processes.
What percentage of McAfee’s stock do you think is attributable to the company’s security software for businesses?
A. 2%
B. 15%
C. 33%
D. 54%
E. 76%
Make a selection above to see the answer.
Four Clues Based on Trefis Estimates
1. McAfee will have about 15% market share in 2010 within the $5.7 billion security software for businesses market
2. McAfee will have about 20% market share in 2010 within the $3.8 billion consumer antivirus market
3. McAfee will have about 7% market share in 2010 within the $6 billion network security market
4. McAfee’s gross margins across its three main business segment are comparable
