The Register: Back in February, analysts at IDC predicted that the PC market would grow by 7.1 percent in 2011. Now, they've cut that growth estimate nearly in half, saying sales will only increase by 4.2 percent.
Reasons cited for the slower than expected sales include the growth of tablets and smartphones, economic uncertainty, the earthquake in Japan and government budget cuts. "The PC market has definitely hit a slow patch," said IDC's Loren Loverde.