Last week Gartner predicted semiconductor revenue will drop 24 percent this year, and yesterday the research firm unveiled its expectations for the PC industry. Gartner analysts believe PC shipments will plunge 11.9 percent this year, which is more than three times worse than the the 3.2 percent drop in 2001.
"The PC industry is facing extraordinary conditions as the global economy continues to weaken, users stretch PC lifetimes and PC suppliers grow increasingly cautious," Gartner research director George Shiffler said in a statement.
The 11.9 percent predicted drop is more than three times worse than the PC industry's previous loss of 3.2 percent in 2001. Prior to the economic meltdown, Gartner believed global PC shipments would top 155 million units this year, which would have been a nine percent increase when compared to last year.
Emerging markets have exploded over the years, but sales will drop 10.4 percent in 2009, Gartner predicts. Both mature markets and emerging markets will suffer because of the economy.