Just recently people would be talking about how many computers they had in their house and how they could not live without them. Well today that doesn’t appear to be the case since PC sales are on a downward spiral which is not good for PC manufacturers and this is because of the growing popularity of smartphones and tablets but more recently by government budget cuts in China.
Market research firm International Data Corporation (IDC) has been keeping an eye on this trend and is reporting that global personal computer shipments may decline even more than the 7.7% that was predicted before for the first quarter. China is responsible for more than one fifth of the world’s PC shipments but these budget cuts and anti-corruption measures are having an effect on shipments and sales. Even Intel who makes a large majority of PC processors is feeling the pinch with sales down 6% from last December.
So if this trend continues it could either mean higher prices because of less supply or lower prices because of less demand. Then again you might be one of those people who gave up their PC in favor of your smartphone or tablet and don’t care either way!