Is There Anyone Left To Buy PCs?
Gilligan writes: "This article on MSNBC talks about how slowing PC sales might be the result of the industry reaching its saturation point. One expert even suggested there will be zero growth of PC sales within two years." This reminds me of the famous prediction by IBM that the entire world would only need 10 computers. The article does not address worldwide trends, only American -- maybe PC sales really are near their peak here, but most people all over the world have never even touched a computer, never mind owned one, because everyday needs take priority.
But the point is that the market can't grow forever. Even if everybody in the US buys a new computer every year for the rest of their lives, that's zero growth after the first year. It's common sense, of course, that the market can't grow forever. Yet the stock prices for all of these companies were based on the assumption that they would continue to grow for a bazillion years. Which is why Timothy's comment isn't really appropriate. No one is saying that no one else needs a computer. They're saying no one else is buying a computer in the countries these companies operate in.
While yes this is an issue (most people having PCs) -- I believe that (in my experience working in tech-sales and service both) most people will want to purchase more computers as new technologies come out -- people are simply slowing down waiting for more...
on the other hand, how far away are we from people having enough processing power to not want/need to upgrade anymore?
bemis
"dude -- what the fuck does LIL- mean again?!?"
How many times do we have to snicker at some IBM execs quote about the computers that is almost 60 years old. Think about it, IBM didn't say this in '79, but back in the 40's where no one here could even recognize a '40s computer if it fell on their head.
If you think this is funny, try some futurists's sites, you'll fall over in laughter. Or check out what Arthur C. Clarke has written in the past 5 years about the future.
Go ahead, wire Africa. I dare you.
Per capita GDP in Rwanda is $720. That means the scrap value of the copper in that wire is worth the effort to steal. How long do you think it will stay wired?
There's no "we" in team, only "me"