January 07, 2013 at 14:11 PM EST
PC Sales Seen Slower Than Expected In 2013
PC sales from companies such as Hewlett-Packard (HPQ) and Dell (DELL) will likely be softer than expected this year, says an analyst report released Monday. Global PC sales will rise about 2% this year, down from growth rate forecasts from some research firms at as high as 7% to 9%, wrote Shaw Wu, an analyst for Sterne, Agee & Leach. In his report, he pointed to three reasons for slower-than-expected growth. For one, he says mobile device
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