Techno-News Blog Ray Schroeder, editor, OTEL - University of Illinois at Springfield |
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Friday, September 14, 2001
http://www.infoworld.com/articles/hn/xml/01/09/14/010914hnpcdec.xml U.S. attack: Year-end PC selling season doomed By Sumner Lemon THE FINANCIAL REPERCUSSIONS of the Sept. 11 terrorist attacks in New York City and Washington, D.C., will result in a sharp drop in overall IT spending and wipe out the traditional year-end peak selling season for PCs, according to a Taipei-based market analyst, Market Intelligence Center (MIC).... "A peak season in the fourth quarter is highly unlikely, serving only to worsen the severity of America's declining PC market." Worldwide PC industry growth estimates for 2001 have been revised downward from 1.8 percent to as low as -5 percent, depending on the long-term impact of the attacks, the statement said. Taiwan, which is one of the world's largest producers of PCs and related components, will be "severely affected," it said....
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