“In a research note issued Wednesday by Caris & Company, analyst Robert Cihra said growth in the overall PC market for 2010 is trending upwards of 15 to 20%, fueled by greater than 90% growth in combined sales of netbooks and notebooks,” Jade reports. “At the same time, however, he said desktop sales are showing signs of life for the first time in 24 months, given strong performance of Apple’s iMac line that could boost year-over-year shipments by approximately 3%, compared to last year’s 12% slippage.”
Jade reports, “‘We continue to model note/netbook accounting for greater than 90% of PC unit growth in 2010, but with desktops at least now looking like they’ve stopped eroding and can resume at least some low single-digit recovery after 2 years of decline, driven by emerging markets, corporate workhorse use and power gamers,’ Cihra wrote. ‘But believe it or not, we estimate Apple’s iMac accounting for a full 1/4 of ALL desktop market growth in calendar year 2010.'”
“Caris & Company, which reiterated its Buy rating on shares of Apple, expects the Mac to grow at 1.6 times the industry average during the 2010 calendar year,” Jade reports.
More info in the full article – recommended – here.
That global desktop must be getting pretty big by now. I think I can see it in Google Earth.
“emerging markets like Western Europe and Japan” WTF