The skies have brightened slightly since March for the beleaguered PC, with sales now likely to fall by just 6 percent this year, according to research company IDC.
A slowdown in the growth rate for tablet and mobile phone sales and economic uncertainty in emerging markets are putting a damper on global IT spending, according to IDC.
The looming threat of running an unsupported OS wasn't enough to save PC shipments from continuing their slide in the first quarter.
Though tech spending in the near term is not expected to increase at the heady rates of the dot-com era, industry insiders appear confident that the sector will trend upward this year.
Enterprises finally started opening their pocketbooks for external storage systems in the final quarter of last year, but economic uncertainty and the appeal of public cloud services continue to hold back the market, according to research company Gar...
Confidence in the underlying strength of the tech sector as a whole appears to be solid despite some dispiriting news on the hardware front.
The rate of increase in tablet shipments is expected to slow this year after unabated growth during the product category's first three years of existence.
The demand for customized servers is growing as buying trends change, with more companies designing servers in-house instead of buying from well-established vendors such as Hewlett-Packard or Dell.
Even as server shipments went up, revenue in the market declined in last year's fourth quarter, as demand for higher-end systems remained weak, according to research firm IDC.
Despite some shadows cast by Lenovo and Cisco earnings, IT stocks have had a strong week overall, with Nasdaq tech stocks reaching their highest point since the third quarter of 2000, during the dot-com bust.
The world's love affair with the smartphone continued unabated in 2013 with consumers snapping up more than 1 billion handsets during the year, according to an IDC estimate.
Worldwide IT spending will grow by 4.6 percent this year, as enterprises look to upgrade storage, servers and networking equipment, according to market research company IDC.
If you had any doubts about the popularity of smartphones, new numbers suggest they've notched a significant milestone. The global smartphone market topped 1 billion shipments for the first time in 2013, covering about one-seventh of the world's popu...
After a year in which tech stocks boomed but overall IT spending barely eked out single-digit growth, market forecasters are adopting an air of cautious optimism for 2014.
An increasing amount of programming is being conducted by non-professional programmers, a new IDC study has found.
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