- Worldwide PC shipments are expected to fall 9.7% in 2013, according to IDC. Today's figure represents the second time the research firm has slashed its projection, from -7.8% in May, and from an original -1.3% back in March.
- Tablets are the main transgressor, IDC noted. And China and other developing economies, which were once healthy drivers of PC sales, have seen demand dry up at even faster rates than developed markets.
- Cannibalization appears to favor the small, as IDC nudged its 2013 tablet forecast to 227.4M, from 229.3M previously. To blame? New smartphones with large screens and the release of wearable devices like smart watches.
- The ever-dimming light at the end of the tunnel bodes poorly for MSFT, INTC, DELL, HPQ, STX, WDC, MU, AMD, and NVDA.
- Previous: Global PC shipments fell 10.9% Y/Y in Q2 to 76M
at CNBC.com (Nov 19, 2014)