WSJ 2003 PC Outlook

From WSJ: “The personal-computer industry grew about 2% world-wide in 2002, a meager performance, but a welcome rebound nonetheless from its 2001 contraction. Gartner Inc. predicts PC sales growth will approach 8% this year. That forecast depends partly on businesses, which account for roughly two-thirds of PC sales. This replacement cycle has been anticipated for a year, as computers bought in 1999 to forestall any Year 2000 bugs show signs of aging. So far, belt tightening means that few companies have shelled out for new PCs.”