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LA Times: Shakeout Could Be on the Way for the PC Industry

Apr 22, 2001, 13:54 (10 Talkback[s])
(Other stories by Michael A. Hiltzik)

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"The annals of auto manufacturing are filled with legendary but long-departed names: Studebaker, Duesenberg, Packard and Rambler. As the personal computer industry endures one of its toughest periods, experts are beginning to wonder whether the PC graveyard might soon include such names as Gateway, Compaq or even IBM."

"If PC sales to consumers and businesses continue to deteriorate as sharply as they have over the last several months, the industry might ship fewer desktop computers in 2001 than it did last year. That would mark the first time the industry has experienced negative growth year-to-year since PCs hit the marketplace two decades ago...."

"The reason is the sharp slowdown in sales of personal computers that began in 2000 and is expected to continue through this year. Although analysts expect as many as 165 million desktop PCs, notebooks and workstations to be sold this year, that's a scant 3% more than the 160 million sold in 2000."

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