• Most Popular
  • Most Shared

UPDATE 1-PC shipments to fall in 2009, first drop since 2001

Tue Jul 14, 2009 3:25pm EDT

Stocks

   

* Notebook shipments to exceed desktops for first time

* Growth to resume in 2010

LOS ANGELES, July 14 (Reuters) - Global personal computer shipments will fall in 2009 for the first time since the dotcom bubble burst in 2001, research house iSuppli said on Tuesday, reversing an earlier forecast for meager growth this year.

But the market should recover in 2010, when shipments are expected to climb 4.7 percent, the industry trackers said.

Laptops continue to shine in a depressed market. iSuppli expects shipments of notebook PCs to climb 11.7 percent to 155.97 million units in 2009, exceeding sales of desktop computers for the first time ever.

PC makers from Dell (DELL.O) and Hewlett-Packard (HPQ.N) to Taiwan's Acer (2353.TW) are coping with the industry's worst downturn in decades, though some analysts expect growth in sales to resume in coming quarters.

Worldwide PC shipments are expected to slip 4 percent to 287.3 million units in 2009, from 299.2 million in 2008, as cash-strapped consumers shun desktops and cost-conscious corporations hold off on buying new servers, iSuppli said.

The research house had previously predicted 0.7 percent growth for the year.

"An annual decline in unit shipments is highly unusual in the PC market," said Matthew Wilkins, a principal analyst for iSuppli. "Even in weak years, PC unit shipments typically rise by single-digit percentages.

"Mobility is winning out in the PC market," Wilkins added.

According to iSuppli, PC shipments last fell in 2001, when sales of computers plummeted relative to the extraordinary run-up during the heady days of 2000. They slid 5.1 percent to just under 150 million units in 2001, iSuppli said. (Reporting by Edwin Chan, editing by Matt Daily)



More from Reuters

Photo

GMAC to get $3.5 billion more in government aid

WASHINGTON (Reuters) - GMAC Financial Services is expected to get about $3.5 billion of additional U.S. government aid to help the troubled lender absorb mortgage losses, a financial industry source familiar with the matter said on Wednesday.

A sign informs passengers of a "High Risk of Terrorist Attack" at the departure security line at Reagan National Airport in Washington December 29, 2009.  REUTERS/Kevin Lamarque   (

Body scans are Obama's call

The Dutch are doing it. So what's taking the U.S. so long to make airport body scanners mandatory?  Full Article | Video 

People walk past a branch of Bank of America in New York's financial district April 28, 2009. REUTERS/Brendan McDermid

Move your money

Boycotting "too big to fail" banks is a great idea -- so long as investors remember that banks aren't the only ones responsible for the crisis.  Full Article