IDC’s recently released PC shipment report has shown very disappointing results. During the first quarter of this year, worldwide PC shipments fell 14% to 76.3 million units. The researcher had been projecting a decline of 7.7% over the year. This was the worst decline in any quarter that IDC has ever reported. The decline was
Since Marissa Mayer’s appointment as the CEO of Yahoo, the market has been waiting for big news from the company. And it seems that Yahoo has delivered. The company has been building its capabilities through talent acquisitions. But yesterday they made big news by announcing the $1.1 billion acquisition of microblogging platform, Tumblr.
NPD’s latest report on U.S. retail sales of video games saw sales of gaming hardware, software, and accessories fall 25% to $495.2 in April this year. The decline was attributed to the growing importance of digital titles on mobile devices and the market’s willingness to wait for new gaming consoles. Gamers are waiting for the
According to a report released last month by the Alliance for Audited Media (AAM), The Wall Street Journal retained its position as the leading newspaper in the country with circulation growing 12% over the year to 2.38 million for the six months ended March 2013. The New York Times became the second largest newspaper in
The latest Gartner Worldwide IT Spending Forecast projects worldwide IT spending to grow 4.1% over the year to $3.8 trillion during the current year. These projections are a marginal improvement over the projections a quarter ago, when Gartner estimated IT spending to grow to $3.7 trillion this year. IT spending is projected to grow another
According to an eMarketer report, total travel sales worldwide are projected to grow from $962 billion last year to $1,131 billion by 2016. Online travel sales will account for $523 billion by the year 2016, growing from $374 billion last year. Online travel sales in the U.S. are expected to grow to $182 billion in
According to a report by Transparency Market Research, Gaming Market – Global Industry Analysis, Size, Growth, Share and Forecast 2011-2015, the global gaming market was pegged at $70.5 billion in 2011 and is projected to grow 14% annually through 2015 to $117.9 billion. Growth is projected to be driven by the Asia Pacific markets and
After reporting results that forced their CEO to quit, daily deals market leader, Groupon (Nasdaq:GRPN) seems to have figured its way out. Its stock price is on the rise, but it still is significantly short of their $20 IPO list price. Like the market, I remain skeptical about the company’s future and would like to