Market tracker Gartner on Tuesday trimmed its forecast of how much global businesses would spend this year on information technology, as less expensive tablets displace PCs at the workplace. Gartner cited fluctuations in the value of the US dollar along with reduced outlay for traditional personal computers as the main reasons it cut to $3.7 trillion its Worldwide IT Spending Forecast for 2013. The estimate represented a two percent increase from global spending last year on data centers, desktop machines, software and other equipment for businesses. But earlier this year, Gartner had forecast a 4.1 percent increase. "Exchange rate movements, and a reduction in our 2013 forecast for devices, account for the bulk of the downward revision," Gartner managing vice president Richard Gordon said in a release. Demand for traditional personal computers (PCs) continues to wane, as appetite for comparatively lower-priced and trendier tablets and smartphones grows, according to Gartner. "The decline in PC sales, recorded in the first quarter of 2013, continued into the second quarter with little recovery expected during the second half of 2013," Gartner said. "While new devices are set to hit the market in the second half of 2013, they will fail to compensate for the underlying weakness of the traditional PC market." Meanwhile, tablet sales are expected to be nearly 40 percent higher this year than they were last year, and revenue from mobile phone sales is projected to climb 9.3 percent, according to Gartner.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor