PC Sales Growth Below Expectations In 2Q |
| Wall Street Journal - Jul 13, 2011 |
Global shipments of personal computers rose less than expected in the second quarter, providing the latest evidence of weakness as consumers remain attracted to tablets.
Market researcher Gartner Inc. (IT) said shipments climbed 2.3%, well below its earlier 6.7% projection. Peer researcher International Data Corp. pegged the growth rate at 2.6%, still below its May estimate of 2.9%.
"These preliminary results continue to reflect pressure from competing consumer and business products as well as cautious spending," IDC analyst Jay Chou said. "Nevertheless, product refreshes and promotions in the second half of the year as well as easier year-ago data should boost growth in the second half of the year."
The disappointing results, while an improvement from the declines in the first quarter, underscore challenges facing top PC makers because such tablet computers as Apple Inc.'s (AAPL) iPad are attracting the interest of consumers and corporations alike. Longer lifetimes for existing computers have also weighed on new sales as businesses and customers strive to get more use out of their machines.
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- Posted: 2011-07-13 20:31:54
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