Desktop Industry

Paper Summary:

This essay discusses how corporate spending for desktops since the year 2000, seems to be fading away resulting in corporate buyers migrating only toward new appliances. The author concludes this paper by suggesting that the sluggish growth in the desktop industry will remain for several years from 2002 to 2006, as consumers opt for technology substitution and competition forces price cutting.

From the Paper:

"The desktop industry has experienced high growth rates in the past due to the increase in demand for computer and other related desktop devices. This growth rate continued to grow till the last few years. In 2000, the revenue figures for the desktop industry reached to the mark of 128 million dollars, a record sales figure. (Worldwide PC Forecast 3) However, the high sales figures were primarily due to the issue of the millennium bug during which companies made their revenues by replacing the outdated equipments with the new ones. In the later period, the sales growth rate declined to a considerable level because of a steep slump in demand as the problem of millennium bug was being solved. This slow growth rate is being anticipated for the coming several years."

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