Gartner (IT) Cuts FY11 PC Growth Outlook by 60%, Trims FY12 Views
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Rating Trend:
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Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Research firm Gartner (NYSE: IT) has lowered its growth forecast for PCs through 2011 and 2012. Gartner's forecast cuts are also pretty dramatic.
From growth of 9.3 percent expected in 2011, Gartner now sees PCs growing just 3.8 percent over 2010. The 2012 cut isn't as severe, moving from 12.8 percent to just 10.9 percent.
Gartner comments, "The notably lower outlook for 2011 PC growth is largely due to sharply downgraded forecasts for Western Europe and the United States in the second half of the year...the slowdown in the market is notable: Total unit shipments in 2012 are expected to barely reach 400 million units, which was originally a target for 2011."
One Gartner research director commented, "Media tablets have dramatically changed the dynamic of the PC market and HP's decision to rethink its PC strategy simply highlights the pressure that PC vendors are under to adapt to the new dynamic or abandon the market."
From growth of 9.3 percent expected in 2011, Gartner now sees PCs growing just 3.8 percent over 2010. The 2012 cut isn't as severe, moving from 12.8 percent to just 10.9 percent.
Gartner comments, "The notably lower outlook for 2011 PC growth is largely due to sharply downgraded forecasts for Western Europe and the United States in the second half of the year...the slowdown in the market is notable: Total unit shipments in 2012 are expected to barely reach 400 million units, which was originally a target for 2011."
One Gartner research director commented, "Media tablets have dramatically changed the dynamic of the PC market and HP's decision to rethink its PC strategy simply highlights the pressure that PC vendors are under to adapt to the new dynamic or abandon the market."
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