Citibank recently put out their 2013 forecast for the PC and tablet markets. The quick summary is tablets are booming, PC's are dying.
The most interesting thing about their forecast is Citi is cutting their 2013 PC year-to-year growth to negative 10 percent from their negative 4 percent growth forecast from just a few months ago.
This means PC market is declining so quickly the analyts at Citi are having a hard time keeping up.
The chart below summarizes the Citi forecast and shows the extent of growth in the tablet space - and the carnage taking place in the PC market.
Citi's projected global unit sales numbers are:
- Tablets: 237 million units in 2013 vs. 144 million in 2012.
- Notebooks: 179 million units in 2013 vs. 201 million in 2012.
- Desktops: 137 million units in 2013 vs. 148 million in 2012.
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