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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (62074)	3/14/2002 2:15:33 AM
From: StanX Long	Respond to of 70976

Worldwide PC shipments in 2002 to rise 3 pct vs prev forecast 1.8 pct - IDC host.wallstreetcity.com WASHINGTON, Mar 13, 2002 (AFX-UK via COMTEX) -- Worldwide unit sales of personal computers, initially seen as continuing a sluggish trend, are now expected to increase 3 pct this year as demand in key markets strengthens in the second half of 2002, market research group International Data Corp (IDC) said. IDC raised its forecast for worldwide PC shipment growth for 2002 from a previous estimate of 1.8 pct in response to signs of growth in major markets, including a turnaround in the US and Western Europe. "Economic indicators in the United States have finally begun to point consistently to a recovery," said Roger Kay, an IDC analyst. "Given that productivity and confidence measures correlate closely with PC shipments, we can expect improving performance in the PC market through the year. Thus, we have raised our outlook from slightly negative to slightly positive in terms of expected year-on-year growth in 2002." IDC said it expects worldwide PC shipments to continue to decline year on year in the first quarter of 2002, with the second quarter roughly at par with a year earlier. Growth should pick up to about 10 pct in the third and fourth quarter, it said. With the exception of Asia-Pacific, all regions grew slightly faster than expected in the fourth quarter of 2001, and the US recovered more quickly than other regions, IDC said.