From a regional perspective, PC shipments in EMEA totaled 25.8 million units in the third quarter of 2012, a decline of 8.7 percent from the same quarter last year. After two quarters of positive growth in the first half of 2012, the EMEA market experienced its biggest decline in four years. The lack of appeal and innovation in PCs combined with a challenging economic environment diverted user spending elsewhere. Western Europe saw very weak shipments across all countries, as retailers reduced Windows 7 inventory in anticipation of Windows 8 products.
In Asia/Pacific, PC shipments reached 31.3 million units in the third quarter of 2012, a 5.6 percent decline from the third quarter of 2011. Weak demand was brought about as potential buyers chose to reign in or delay their purchases. China's slowing economy was more acutely felt in the region in the third quarter, creating an even more conservative approach to spending. Although there were government PC initiatives in India and China to drive PC sales, they failed to offset the general market weakness.
Preliminary results show PC shipments in Latin America surpassed 9.7 million units in the third quarter of 2012, a 6.2 percent decline from the same period last year. Mobile PC shipments were flat, and desk-based PC shipments declined 14.3 percent. Brazilian businesses and schools may postpone their IT purchasing due to the expected "Brasil Maior" tax incentives that were announced late in the quarter. The tax incentives will begin in 2013, and this is when Gartner expects IT investments to drive PC shipments into the professional segment.
In Japan, PC shipments totaled 3.7 million units in the third quarter, a 5.4 percent decline from the third quarter of 2011. The professional segment grew slightly higher than expected, but the market was impacted by the consumer segment. Most of the major vendors did not introduce new models of mainstream products in September due to the preparation for Windows 8.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV