“Analyst Rob Cihra with Evercore Partners revealed in a note to investors on Monday that he has cut his projected PC sales for the remainder of the year,” Neil Hughes reports for AppleInsider. “He sees traditional computer sales dropping 4 percent year over year in the third quarter of calendar 2012, while overall PC growth for the year will be flat with 2011.”
“Cihra believes sales of tablets like Apple’s iPad are responsible for “at least half” of the PC market’s current decline,” Hughes reports. “He noted that consumer PCs have struggled ever quarter since they topped out in the third quarter of 2010, which is just one quarter after Apple launched the first-generation iPad.”
Hughes reports, “His projection comes only days after the latest estimates show PC shipments dropped 0.1 percent worldwide and 5.7 percent in the U.S. in the June quarter. One of the few bright spots in the market was Apple, which saw its domestic Mac sales grow 4.3 percent… His forecast calls for Apple to sell 69 million iPads in calendar year 2012, taking more than 60 percent of the market.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Sarah” for the heads up.]