Analysts more cautious on PC sales outlook

©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.

Reuters News, 11/29/10

Market researchers are scaling back forecasts for global sales of personal computers, blaming an uncertain economic outlook in some markets and competition from tablet devices such as Apple Inc’s iPad.

Research firm Gartner cut its 2010 forecast on Monday, just as the crucial holiday sales season was getting under way for PC makers like Hewlett-Packard Co, Acer, Dell Inc and Lenovo.

Gartner said it expected consumers and businesses to hold off on buying PCs in the near-term as they seek to save money.

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