July 15, 2009
PC Sales to Suffer First Decline in Eight Years
Wired
Priya Ganapati writes about the global PC market.
“PC sales worldwide is expected to fall four per cent this year as businesses cut back on IT spending and consumers, as they move towards more mobile devices, buy fewer desktops says research firm iSuppli. And not since the dot-com bust of 2001 are PC sales expected to be so slow, says the firm. PC sales are expected to fall to 287.3 million units this year from 299.2 million in 2008. iSuppli had earlier forecast a 0.7 per cent growth for the year.”
Netbook shipments to double this year
Network World
Jeff Caruso writes that while global PC sales may be in decline, according to research firm, DisplaySearch, netbook shipments will increase this year.
“DisplaySearch says 16 million netbooks shipped last year, and 32 million could ship this year. This is all not very surprising, given the low price point of netbooks, at $300 to $500.”
Intel shines: Earnings, revenue, margins well above estimates; Outlook better
ZD Net
Larry Dignan reports on Intel’s first and second quarter revenue results.
“The company, which predicted a bottom in its first quarter results, delivered strong results across the board. Intel reported net income of $1 billion, or 18 cents a share. That sum excludes a European Commission fine of $1.44 billion. If you include the EC fine, Intel lost $398 million, or seven cents a share. Revenue for the second quarter was $8 billion, down $1.4 billion from a year ago.”