Japan's PC Sales Fall 12% From Year Ago in Week Ended Jan. 20
By Minoru Matsutani and Yoshifumi Takemoto
02/03 19:40
quote.bloomberg.com
Tokyo, Feb. 4 (Bloomberg) -- Japan's personal computer sales at large electronics stores fell in the week ended Jan. 20 from the year-ago period, dragging earnings down at the nation's largest PC makers, technology weekly Nikkei Market Access said.
Sales dropped 12.3 percent by volume and 15.2 percent by value, leading to a decline in earnings at companies such as NEC Corp., Fujitsu Ltd., IBM Japan Ltd., Toshiba Corp., and Sony Corp., according to figures supplied to Nikkei by private research company Gfk Japan.
For the seven days ended Jan. 20, sales fell 1.9 percent by volume and 2.8 percent by value from the previous week. The average price of PCs fell 1,501 yen, or 0.9 percent, to 171,682 yen ($1,289) from 173,183 yen a week ago.
With Japan in its third recession in a decade and the country's jobless rate rising to a record 5.6 percent in December, consumers are reducing spending. Japan's electronics makers are cutting about 90,000 workers this fiscal year as lower prices of parts for PCs and mobile phones result in losses. |
