PC Shipments Expected to Grow in 2010
Zacks.com submits:
As per the latest findings of leading technology research firm Gartner (IT), worldwide PC shipments are expected to grow 19.7%, reaching 366.1 million units in 2010. The firm also expects that spending on PCs will increase by 12.2% to a level of $245 billion.
We think this is good news for PC manufacturers like Hewlett-Packard Company (HPQ), Dell Inc. (DELL) and International Business Machines (IBM), who are already witnessing a sharp revival in demand from retail and industrial customers. This revised estimate is a sharp upward revision from the firm’s December forecast, which called for 13.3% growth in units on just 1.9% higher spending.
Investing, Long Term Investment, stock market | admin March 7, 2010
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