Research firm cuts 2011 PC sales forecast

Jun 06, 2011

(AP) -- Research firm International Data Corp. expects sales of personal computers to grow 4.2 percent this year, down from a previous forecast of 7.1 percent.

The latest projection comes after IDC's tally showed PC sales dropped by 1.1 percent in the first quarter compared to last year.

The company says the slow , competition from smartphones and tablets and the fact that most households in the developed world already have PCs are holding back sales.

Small laptops known as "netbooks" fueled growth in PC sales in the last few years, but IDC notes that their popularity has waned as regular laptops have grown more competitive, and tablets like the have emerged.

IDC still expects PC sales to grow 10 percent to 11 percent per year in 2012 to 2015.

Explore further: Venture investments jump to $9.5B in 1Q

not rated yet
add to favorites email to friend print save as pdf

Related Stories

PC sales down 2.4 pct in second quarter: IDC

Sep 16, 2009

Worldwide sales of personal computers fell 2.4 percent in the second quarter and declined by 19.1 percent in value, market research firm IDC reported Wednesday.

Tablets, smartphones to outsell PCs in 2011: Deloitte

Feb 10, 2011

Sales of tablets and smartphones will outnumber personal computers this year as consumers begin using a wider variety of devices to access the Internet, according to a study by the Deloitte consulting firm.

iPad, other tablets hit PC demand: Gartner

Mar 03, 2011

Apple's iPad and other Internet-connected media tablets are draining demand for laptops and notebook computers, research firm Gartner said Thursday, sharply lowering its worldwide PC forecast this year.

PC sales to grow 20 percent in 2010: Gartner

Mar 04, 2010

Worldwide sales of personal computers are expected to grow nearly 20 percent this year over 2009, with laptops driving new sales, research group Gartner said on Thursday.

Global PC sales slow in third quarter

Oct 13, 2010

Global personal computer sales slowed in the third quarter, notching up growth of just 7.6 percent, well below the previous quarter, technology research firm Gartner said Wednesday.

Recommended for you

Venture investments jump to $9.5B in 1Q

7 hours ago

Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into an increasing number of deals, according to a report due out Friday.

Weibo IPO below expectations, raises $285.6 mn

Apr 17, 2014

Sina Weibo sold fewer shares than expected in its US IPO which was priced below expectations ahead of a Thursday listing that takes place after tech selloffs on Wall Street.

'Chief Yahoo' David Filo returns to board

Apr 17, 2014

Yahoo announced the nomination of three new board members, including company co-founder David Filo, who earned the nickname and formal job title of "Chief Yahoo."

User comments : 0

More news stories

Under some LED bulbs whites aren't 'whiter than white'

For years, companies have been adding whiteners to laundry detergent, paints, plastics, paper and fabrics to make whites look "whiter than white," but now, with a switch away from incandescent and fluorescent lighting, different ...

Researchers uncover likely creator of Bitcoin

The primary author of the celebrated Bitcoin paper, and therefore probable creator of Bitcoin, is most likely Nick Szabo, a blogger and former George Washington University law professor, according to students ...

Continents may be a key feature of Super-Earths

Huge Earth-like planets that have both continents and oceans may be better at harboring extraterrestrial life than those that are water-only worlds. A new study gives hope for the possibility that many super-Earth ...

Researchers successfully clone adult human stem cells

(Phys.org) —An international team of researchers, led by Robert Lanza, of Advanced Cell Technology, has announced that they have performed the first successful cloning of adult human skin cells into stem ...