The declining revenue in the PC business is a sign of decline in the corporate sector globally. Corporations buy most of the computers, so when computer sales are dipping, it is a sign of financial stress in the corporate world.
The latest report from Hewlett-Packard showed a 7 percent decline in revenue, and there are other indications of a decline in the corporate computer segment. Magazines that serve this segment are the thinnest I have ever seen. With its newest operating system, Windows 8, Microsoft is all but abandoning the multi-application, multi-display power user that characterizes the most important corporate users, electing to focus instead on the mobile and home markets.
No one should imagine that corporations are are using computers less, but they are getting by with older computers than ever before, and saving their money for more pressing expenses.