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Thursday, 09 August 2012 22:24

Do People Buy Computers In A Depression??? Featured

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As my readers now, I have been declaring recessions and depressions in Europe for some time now, to wit:

  • It's Official & As I Foretold Years Ago, Greece Is Now In A True Depression As Reality Hits Greek Banks
  • Greece Sneezes, The Euro Dies of Pneumonia! Yeah, Sounds Bombastic, Yet True!
  • As the Sell Side and MSM Sing The Praises of European Insurer "Street Cred" and 
  • When (Not If) Germany Slows, The Whole House Of Cards Collapses!!!

Now there is corroboratig anecdotal evidence coming out of the woodwork: Gartner reports Western Europe desktop shipments down in Q2 2012

Gartner reports Western Europe desktop shipments down, portable PCs up in Q2 2012Gartner reports Western Europe desktop shipments down, portable PCs up in Q2 2012

As reported by Endgadget:

When it comes to technology and the end of a financial quarter, you can bet your wage there'll be ananalyst report or two letting you what's what. And according to Gartner's latest estimates for Western Europe, PCs didn't fare too well in Q2 of this year, with a 2.4 percent decrease in shipments compared with the same period in 2011.

Last modified on Friday, 10 August 2012 12:28
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  • technology
  • UK and Eurozone
  • Global Macro

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