PC sales

PC-maker Acerhad said that it could post as low as zero per cent annual growth in the number of computers it ships this year.The announcement sent its shares tumbling 3 per cent, even though news that PC sales are freezing should hardly be surprising given the global economic slow down.Acer, the world’s third-largest computer vendor, had previously forecast 10 per cent annual growth in the number of computers it ships. That has now been trimmed to zero to 5 per cent growth, according to a company source.

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Technology industry analyst Gartner has slashed its sales growth projection for PCs for 2011 from 9.3% to 3.8%, PC Pro reports. Gartner attributes the slowdown to pressure from other gadgets such as smartphones and tablets and people holding on to their PCs for longer. Read more