Analysts cut 2012 PC, chip shipment forecasts

Aug 24, 2012 by PETER SVENSSON

(AP)—Research firms say that what looked like a good year for computers and chips has fizzled.

IHS says global chip shipments are set to fall by 0.1 percent this year. That's down from a previous forecast for growth of up to 3 percent. It's the first annual decline since -colored 2009.

ISuppli says the big reason behind the decline is that PC sales are anemic.

IDC, another research firm, agrees. It now expects to grow just 0.9 percent this year. That's down from a forecast of 5 percent growth issued in March.

IDC says sales have been weak so far this year, and a bounce from the impending release of Windows 8 may not be as strong as it had expected.

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tarheelchief
not rated yet Aug 25, 2012
It is helpful if executives,accountants,auditors,companies,commodity traders,and all levels of governments abandoned the concept of "projected" earnings when they ask for permission to issue bonds.
It would be far better to issue bonds on the basis of God's Mercy.
Then those buying bonds would be better prepared and those purchasing stocks would be better off in knowing the future holds risks.
More people need to go back to poker and examine the concept of face up or face down cards.

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