PC 2Q sales weak, raising doubts about earnings | Inquirer Technology

PC 2Q sales weak, raising doubts about earnings

/ 09:37 PM July 14, 2011

A BlackBerry PlayBook tablet at a Best Buy store in San Francisco. Continued weak demand for TVs and physical media like books and DVDs pushed Best Buy’s first-quarter net income down 12 percent on Tuesday (AP Photo).

SAN FRANCISCO  — The personal computer market grew slower than expected in the second quarter, hurt by the rise of tablet computers and anemic consumer demand in the U.S. and Europe.

The tepid diagnosis of the PC industry’s health in two reports released Wednesday offers another sign of trouble for an industry at an important turning point.

ADVERTISEMENT

Market research firms Gartner Inc. and IDC, using different methodologies, each found that PC shipments improved in the second quarter but were still lighter than expected.

Gartner found that 85.2 million PCs shipped, a gain of 2.3 percent that was below its 6.7 percent projection. IDC found that 84.4 million PCs shipped, a 2.6 percent gain and short of its 2.9 percent projection.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TOPICS: Personal computers, Tablets
TAGS: Personal computers, Tablets

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.