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Technology Stocks : Game Changers and Market Movers

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From: Paul H. Christiansen11/25/2014 3:22:13 PM
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PC Outlook Remains Cautious, Despite Modest Third Quarter Gains, According to IDC

Worldwide PC shipments are expected to fall by -2.7% in 2014, an improvement from the previous forecast of -3.7%, according to the International Data Corporation ( IDC) Worldwide Quarterly PC Tracker. Although third quarter results were a few points ahead of forecast with shipments down only -0.5% from the prior year, most regions and market participants saw this as a short-term gain rather than as a sign of stronger growth in the medium- or long-term.

Mature regions continue to grow while a rebound in emerging regions has taken longer (due to a later impact from tablets as well as slower economics and commercial replacements). Western Europe and Japan performed better than expected in the third quarter, but the gains were driven by a rebound from last year and short-term factors such as building fourth quarter inventory earlier in the year and continuing Windows XP replacement activity. Despite the relative short-term strength, mature regions are expected to see PC shipments decline again in 2015 and contract slightly through the end of the forecast.

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PC Outlook Remains Cautious, Despite Modest Third Quarter Gains, According to IDC
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