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: US urges India to toughen patent laws to draw investors

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

BlackBerry courts iPhone users with cash

8 hours ago

Canadian smartphone maker BlackBerry is wooing Apple customers with a cash offer for trade-ins of iPhones for its new square-screened, keyboard-equipped Passport.

HP earnings show continued struggle

9 hours ago

Venerable tech giant Hewlett-Packard has been struggling for three years to turn its business around. Its latest earnings show it still has more work ahead.

Apple market value hits $700 bn

15 hours ago

A rise in Apple shares Tuesday pushed the market value of the trend-setting US tech icon above $700 billion, becoming the first company to hit that milestone.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.