New York, NY (PRWEB) September 02, 2012
In a recent Investment Contrarians article, editor George Leong remarks that the future doesn’t look good for the personal computer (PC) market. Leong cites the International Data Corporation (IDC), reporting that sales of PCs in the U.S. plummeted 11% year-over-year in the second quarter. Arguing this is the end for PCs, Leong attributes the fall of the PC to the superlative rise in tablets.
“The global market for tablets is estimated to rise to around $31.9 billion this year with over 100 million units delivered, according to Visiongain,” notes Leong. “By 2016, it’s estimated that about 360 million tablets will be sold, according to IHS iSuppli.”
By comparison, the IDC estimates that global PC shipments will be at 528 million in 2016. In the U.S., PC sales came in at 71.3 million in 2011.
“Users want tablets, not hybrids or smaller-sized laptops,” asserts Leong. “Hewlett-Packard had been in the tablet market, but left after feeling the death grip of Apple Inc. … Dell is producing tablets, along with a hybrid ultrabook that can function as a tablet via a flip-around screen. This idea is gimmicky and will pose no challenge to the firm’s competitors.”
According to the Investment Contrarians editor, the PC makers fully understand it will be very difficult to change their course of direction and catch Apple. In his opinion, the failure of the PC makers to recognize the industry shift to tablets as an extension of the smartphone was a fatal mistake.
And to make matters worse, the rapid adoption of the tablet will intensify, according to Leong’s stock analysis.
“The bottom line is that tablets are advancing in technology and more powerful applications, which will further erode the demand for PCs and laptops,” Leong concludes.
To see the full article and to get a real contrarian perspective on investing and the economy, visit Investment Contrarians at http://www.investmentcontrarians.com.
Investment Contrarians is a daily financial e-letter dedicated to helping investors make money by going against the “herd mentality.”
The editors of Investment Contrarians believe the stock market and the economy have been propped up since 2009 by artificially low interest rates, never-ending government borrowing and an unprecedented expansion of our money supply. The “official” unemployment numbers do not reflect people who have given up looking for work and are thus skewed. They believe the “official” inflation numbers are also not reflective of today’s reality of rising prices.
After a 25- to 30-year down cycle in interest rates, the Investment Contrarians editors expect rapid inflation caused by huge government debt and money printing will eventually start us on a new cycle of rising interest rates.
Investment Contrarians provides unbiased research. They are independent analysts who love to research and comment on the economy and investing. The e-newsletter’s parent company, Lombardi Publishing Corporation, has been in business since 1986. Combined, their economists and analysts have over 100 years of investment experience.
Find out where Investment Contrarians editors see the risks and opportunities for investors in 2012 at http://www.investmentcontrarians.com.
George Leong, B. Comm., one of the lead editorial contributors at Investment Contrarians, has just released, “A Problem 23 Times Bigger Than Greece,” a breakthrough video where George details the risk of an economy set to implode that is 23 times bigger than Greece’s economy! To see the video, visit http://www.investmentcontrarians.com/press.