Weak PC sales: Is it the economy or Apple?
Enterprises are buying technology, but consumers aren't -- unless it's Apple By Patrick Thibodeau February 23, 2011 06:00 AM ET Computerworld - Businesses are buying technology and lots of it, say some of the major enterprise vendors, including Hewlett-Packard, IBM and Dell. But consumers are holding back. While sales of servers, storage and networking gear grew in double digits in the last quarter, consumer PC spending dipped into negative numbers for Dell and HP. IBM focuses on the business market. In its latest quarterly report on Tuesday, HP said business hardware sales increased 22% from the same quarter a year ago. Dell last week said its large enterprise business was up 12%, and IBM last month said hardware revenue grew 21%. However, the hardware gains are being dampened by consumer spending. The notable exception in the consumer market: Apple, which last month reported a revenue gain of 71%, thanks partly to sales of 7.33 million iPads in the last quarter.