Worldwide PC shipments fell in the fourth quarter
Worldwide PC shipments fell 1.9 percent in the fourth quarter of 2008 after five years of almost uninterrupted double-digit growth, IDC said in a press release.
A global market intelligence firm headquartered in Framingham, IDC added that as the economic environment continues to deteriorate in 2009, PC shipments are expected to fall by more than 8 percent in the first half of 2009 and gradually improve to a small positive growth in the fourth quarter.
According to IDC's Worldwide Quarterly PC Tracker report, PCs are far more important and far less expensive today than they were in previous economic crises.
The press release on the report added, "A typical PC today costs half what it did in 2000 at the beginning of the last recession, and prices continue to drop at a rapid rate, making PCs more affordable and less likely to be sacrificed in tough times."
"To be sure, the PC market is in for a bumpy ride," Loren Loverde, director of IDC's Worldwide Quarterly PC Tracker, said in a statement. "Nevertheless, there are a number of reasons why the PC market will not fare dramatically worse in the current environment than it did in the 2001 recession - even if the current economic environment is notably worse. Pricing will become even more aggressive, and there will be further consolidation, but the PC industry will not go the way of the financial or auto industries in this cycle."
(By Chris Reidy, Globe staff)