Photo

Reuters Photojournalism

Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption 

Photo

Weird homes

Home is where the heart is, no matter what unusual form that home may take.  Slideshow 

Photo

The drone wars

The frontlines of America's covert drone program.  Slideshow 

Sponsored Links

Global PC shipments falling more than expected: IDC

Related Topics

A computer keyboard is seen in Bucharest April 3, 2012. REUTERS/Bogdan Cristel

A computer keyboard is seen in Bucharest April 3, 2012.

Credit: Reuters/Bogdan Cristel

SAN FRANCISCO | Mon Mar 18, 2013 2:23pm EDT

SAN FRANCISCO (Reuters) - Global PC shipments, already hit by consumers' growing preferences for tablets and smartphones, are falling more than previously predicted due to weakness in China, according to market research firm IDC.

Slower February shipments in China caused by government budget cuts and other factors mean worldwide PC shipments could fall by a "double-digit" percentage in the first quarter, compared with a previous estimated decline of 7.7 percent, IDC said in a report on Monday.

For all of 2013, global PC shipments will probably fall between 1.8 percent and 2 percent, IDC analyst Loren Loverde told Reuters.

"Even getting to positive growth in the second half of 2013 will take some attractive new PC designs and more competitive pricing relative to tablets and other products," he said.

A handful of financial analysts have recently trimmed their forecasts for top PC chipmaker Intel Corp's first-quarter results because of concerns over weak PC sales.

In China, which accounts for more than a fifth of global PC shipments, government spending cuts and anti-corruption measures have added to the timing of Chinese New Year in reducing purchases of new PCs in February, according to IDC.

Earlier this month, IDC said 2013 global PC shipments would probably fall 1.3 percent, extending a 3.7 percent decline in 2012.

Intel, whose processors are used in 80 percent of PCs, has said it expects revenue between $12.2 billion and $13.2 billion in the March quarter, which it is due to report on April 16.

Analysts on average expect Intel's first-quarter revenue to be $12.69 billion, down about 6 percent from the December quarter, according to Thomson Reuters I/B/E/S.

Shares of Intel were down 0.16 percent at $21.34 on Monday afternoon on the Nasdaq.

(Editing by Matthew Lewis and Marguerita Choy)

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (2)
Kiljoy616 wrote:
Less people working has the effect on purchase power.

Mar 18, 2013 3:25pm EDT  --  Report as abuse
Kiljoy616 wrote:
Less people working has the effect on purchase power.

Mar 18, 2013 3:25pm EDT  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.