Disk Drive Sector Discussion Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Disk Drive Sector Discussion Forum

WDC 163.00

-0.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LK2 who wrote (9000)	1/19/2001 10:39:13 AM
From: Robert Douglas	Read Replies (2) of 9256

The U.S. is becoming less important in the worldwide PC market, and this will be good news going forward. According to the numbers in the article, the United State's PC share is down to 37% last year. As a reference, the total share of world output by the U.S. is now down to 22%. The European Union is closing fast and is now 20.3% of world output. Japan is 7.6% and developing Asia is 21.2% with 15.8% of that coming from China and India. It's not my intention to bore you all with statistics, but only to point out that the growth in demand going forward, will not rest solely with the United States. Since the level of PC penetration is low in these other areas compared to the U.S., it is good news that they are becoming a larger share of world output. I personally am not nearly as worried about the world economy slowing as are some. The demand engine in the U.S. is certainly slowing but the hot U.S. economy has been holding back overseas demand because it has resulted in higher interest rates around the world. As central banks ease around the world this year, it will stimulate economies throughout the world and help replace the lost U.S. demand.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next