Gartner Revises IT Spending Predicts Downward Turn

By Dan Stoltz

2012 saw several natural disasters, perhaps none were as devastating to the PC market as the flooding in Thailand. The floods in Thailand destroyed many of the production facilities that produce Computer Hard Drives and hard drive components. Gartner estimates that the hard drive supply could be diminished by as much as 25%. Reduced supply will increase the cost for all, including OEM PC builders.

Gartner IT Spending Prediction

Gartner’s U.S. dollar growth forecast for global IT spending in 2012 has been revised downward from 4.6% in the previous quarter to 3.7%. Faltering global economic growth, the eurozone crisis and the impact of Thailand’s floods on hard-disc drive production have taken their toll on IT spending.
Thailand Floods, HDD Supply Constraints & Impact on PC Shipments

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