June 7, 2011
IDC Predicts 4.2 Percent Growth In PC Sales
Research firm International Data Corp. (IDC) said on Monday that it expects personal computer sales to grow 4.2 percent this year.
The new projection comes after IDC's tally showed PC sales dropped by 1.1 percent in the first quarter compared to last year.
"The PC market has definitely hit a slow patch," Loren Loverde, vice president, Worldwide Consumer Device Trackers, said in a statement.
"Nevertheless, the long-term growth drivers "“ first among which are growth in emerging markets, declining prices, and growing functionality "“ remain intact, and the product and design innovations underway will keep PC growth healthy in the long term."
IDC said the slow economic recovery, competition from smartphones and tablets and the fact that most households in the developed world already have PCs are holding back sales.
Netbooks helped to fuel grow in PC sales the last few years, but IDC said their popularity has fallen due to tablets like the iPad emerging.
"Consumers are recognizing the value of owning and using multiple intelligent devices and because they already own PCs, they're now adding smart phones, media tablets, and eReaders to their device collections," Bob O'Donnell, vice president, Clients and Displays, said in a statement.
IDC said it expects PC sales to grow 10 percent to 11 percent per year in 2012 to 2015.
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