Love them or hate them, netbooks are definitely serving a lot of people's needs in the laptop department, which makes it awfully unfortunate to have to note that they're bringing the over all revenue generated by the laptop market down.
DisplaySearch reports that, despite netbook shipments rising, sales of the cheap-as-chips PCs are dragging down revenue for the overall laptop market. A study released by the firm yesterday shows that the portable PC market was $26.4 billion, up 10 percent from Q1 but down 5 percent from the same period last year.
Netbooks are very affordable and for people who have little use for a powerful machine, they cover everything in terms of what they need their computer to do. Indeed, netbook shipments continue to grow. DisplaySearch notes that revenue generated by netbooks in Q2 topped $3 billion, up 37 percent sequentially, and from the Q2 2008 to Q2 2009, netbook revenue growth was up 264 percent.
However Channel Web cites John Jacobs, director of laptop research at DisplaySearch, who says the company expects netbooks to continue to harm laptop market revenue as the year goes on. "For 2009, we expect continued [average selling price] erosion across all portable computer categories, leading to the first [year-over-year] decline of portable computer revenue."
Read more here.