The market research firm IDC is out with its latest forecast on PC sales growth in 2011, and as has been the case so many times before, the predictions are worsening for the year.
The firm is has cut its growth estimate on PC sales in 2011 almost in half. In February, it said PC shipments would grow more than 7 percent. Now it says, shipments will grow by only a little more than 4 percent. The reasons are a combination of things you can probably guess: A tightening economic outlook, a saturation in developed markets, and well, the iPad. IDC uses the phrase “competing products,” but we all know what the competing product of the moment is tablets, and when you talk tablets, you’re talking about the Apple’s iPad. Even so, IDC says 2011 will be a down year compared to 2012 through 2015, when growth is expected to head north of 10 percent.
The last four quarters, the market research has been off target and Intel has beat forecasts. I guess we will just have to wait until July 20th earnings release to see how much the IDC forecast affects Intel.