18. January 2016 · Comments Off on ‘Wintel’ Giants Microsoft, Intel, HP Eye Mobile, IoT, Cloud In Bid To Survive PC Market’s Historic Plunge · Categories: News · Tags: , , , ,

The personal-computing market, long known to be struggling, is in worse shape than most analysts believed — and that’s bad news for the handful of tech giants that continue to derive the bulk of their revenue from this still vast, but quickly declining, industry. Behemoths like Microsoft, Intel, Hewlett-Packard, Dell and Lenovo have generally failed to build much presence in tech’s new growth markets even as their core PC business shrinks.If the PC industry’s “big five” can’t successfully find new frontiers in emerging areas like mobile, artificial intelligence, virtual reality, the cloud and analytics, the consequences for both Wall Street and Main Street could be severe. Despite their shrinking market, these vendors collectively still employ more than 640,000 workers and represent a combined market capitalization (excluding privately held Dell) of $655 billion. Their decline’s effects could quickly ripple through the economy.

Source: ‘Wintel’ Giants Microsoft, Intel, HP Eye Mobile, IoT, Cloud In Bid To Survive PC Market’s Historic Plunge