Muscling into the Russian computer market. PrUS23261412. PrUK23271512. Says Western European PC Shipments Fell 16 Percent in Fourth Quarter of 2011. Egham, UK, February 7, 2012 View All Press Releases - U.K. PC Market Exhibited Worst Decline in Five Quarters PC shipments in Western Europe totaled 16.3 million units in the fourth quarter of 2011, a 16 per cent decline from the equivalent period in 2010, according to Gartner, Inc.
For the year, PC shipments numbered 58.5 million units in Western Europe in 2011, also a 16 percent decrease from 2010. The PC market in Western Europe has suffered four consecutive quarters of shipment decline. "Despite aggressive pricing and special holiday deals for PCs, consumers' attention was caught by other devices, such as smartphones, media tablets and e-readers," said Meike Escherich, principal analyst at Gartner. "Even though we saw a drop in prices, consumer PC shipments could not match the levels of previous years. " In the fourth quarter of 2011, the PC markets of Italy, Greece, Portugal and Spain were particularly hard hit, with year-on-year PC demand declining 30 per cent and more.
Contacts. Russia consumer goods sector | Retail sector in Russia | BRIC Report on Russia consumer goods sector. Russia has long been known as major resource exporter. Justifiably so, as the oil and natural gas sector contributes a lion’s share of the country’s exports and makes up a majority of its gross domestic product. Yet Russia has never been thought of as a nation of spenders, especially given its past crusades against capitalism. But some interesting statistics and a flurry of recent M&A deals in consumer-oriented sectors in the country would tell a different story. Russia, with a population of 142 million, is the largest consumer market in Central and Eastern Europe. What’s more, Moscow pips London as the largest city in Europe. Starting from 1998, the consumer boom in Russia has been the result of nearly eight years of economic prosperity, a period fueled by high prices of oil and natural gas in the country, which resulted in growth averaging 6.6 percent a year.
Emergence of the Russian middle class Source: Rossstat Retail Sector: Rebounding after the crisis Global Retail Development Index. Tax raid targets Russian electronics retailer Eldorado | Business. In Russia, the iPhone is an expensive flop. Map: CIA Factbook Despite heavy advertising and early black market interest, Apple's (AAPL) iPhone is an expensive flop in Russia, according to a reportposted Thursday by Svetlana Gladkova. Gladkova, Russian editor of the tech blog Profy.com, writes that Russia's three major carriers cut a deal with Apple last year that requires them to sell a total of 3.5 million iPhones over a period of two to three years. But in the first 6 months after Apple's phone became officially available, according to CNews Russian, the three carriers -- in conjunction with their Russian retail partners -- only managed to sell 250,000.
Now, according to Gladkova, one of the largest of those retailers, Euroset, owes the carrier it was working with, MTS, 279 million rubles -- roughly $8.5 million -- for iPhones that it can't unload. Part of the problem, according to Gladkova, is that the estimated 400,000 iPhones that entered Russia through the back door satisfied much of the initial demand. Economy of the Soviet Union. The economy of the Union of Soviet Socialist Republics was based on a system of state ownership of the means of production, collective farming, industrial manufacturing and centralized administrative planning. The economy was characterised by state control of investment, public ownership of industrial assets, and during the last 20 years of its existence, pervasive corruption and socioeconomic stagnation.
After Mikhail Gorbachev came to power, continuing economic liberalisation moved the economy towards a market-oriented socialist economy. All of these factors contributed to the final dissolution of the Soviet Union in 1991. The stagnation that would consume the last years of the Soviet Union was caused by poor governance under Leonid Brezhnev and inefficiencies within the command economy. When the stagnation began is a matter of debate, but is normally placed either in the 1960s or early 1970s. Planning Heavy industry was always the focus of the Soviet economy, even in its later years. Culture of Russia. Orientation Identification. "Rus" may derive from the name of a tribe that gained political ascendancy in Kiev and other Slavic towns and lent its name to the language, culture, and state. Some scholars believe this to have been a Varangian (Viking) clan from Scandinavia, and others hold that it was a Slavic tribe.
Some historians believe that "Rus" derives from an ancient name for the Volga River. People ethnically identified as Russians have been politically and culturally dominant in a vast area for five hundred years of tsarist and Soviet imperial expansion. Location and Geography. European Russia, the most densely populated, urbanized, and industrialized region, lies between the Ukraine-Belarus border and the Ural Mountains. The great plains are divided by six ecological bands.
The climate of much of European Russia is continental, with long, cold winters and short, hot summers. Russia huge forests provide for foraging, hunting, and logging. Demography. Symbolism. Distressed Debt Investing: Stressed High Yield: CEDC. CEDC is one of the largest producers of Vodka in the world and the largest integrated spirit beverages business in Central and Eastern Europe when measured by volume. The Company produced and distributed 32.7 million nine-liter cases in 2010.
Business activities include the production and sale of proprietary brands of spirits, and the exclusive importation of a variety of other branded spirits, wines, and beers in select locales. CEDC operates primarily in Poland, Russia, and Hungary. The Company maintains seven production facilities in Poland and Russia, and employs a workforce of 4,150 people as of year end 2010. Poland (8.6 million nine-liter cases sold in 2010 / 21 million liters sold in 3Q11): CEDC is one of the leading producers of vodka in Poland and maintains two production facilities there.
Russia (21.3 million nine-liter cases sold in 2010 / 38 million liters sold in 3Q11): Hungary (2.8 million nine-liter cases sold in 2010): Valuation Waterfall Comps Recent Company News Poland. Black market iPhones big in Russia, China - Technology & science - Wireless. MOSCOW — In the Soviet days, Russians asked their American friends to bring blue jeans, rock records and other Western goods into the country. Today Russians can buy almost anything they want here — but they are still begging for one item: Apple Inc.'s slick iPhone. The new iPhone went on sale in 21 countries July 11 and will soon be released in 70 nations. Officially, Russia and China are still on hold — neither last year's original iPhone nor the updated model have been launched in those countries because Apple is still negotiating with mobile service providers. And yet analysts estimate that only the U.S. has more iPhone users than Russia and China. In both countries, the device enjoys super-exclusive status, thanks to a thriving market for "unlocked" iPhones adapted for local use.
Moscow and Beijing have become an iPhone trader's paradise. "They are being brought in in suitcases," said Eldar Murtazin of Moscow's Mobile Research Group. 'Destroyed' phones may survive on Russia's black market - Technology - International Herald Tribune. Russia's black market trades in degree places. IMF Cuts Global Growth Estimates. Computing Getting More Affordable in Emerging Markets. PC prices dropping quickly relative to average weekly incomes. For many people around the world, especially 2.5 billion people living in China, Latin America and Eastern Europe, computer prices are dropping quickly relative to average weekly incomes. The trend in wages and prices may mean new growth opportunities for computer manufacturers even amid the growth of tablets which are often priced beyond the reach of many consumers outside the U.S. A motorcyclist in Egypt brings new meaning to 'mobile' computing. The prices for computing are dropping relative to wages in Egypt, a trend that is expected to continue even amid the revolution last Spring.
According to data released by Intel, the cost of an average priced laptop in China was equal to 174.7 weeks of average income back in 1995. By 2014, Intel estimates the cost of an average priced laptop in China will drop to the equivalent of 2.6 weeks, putting China very close to the worldwide average of 2.3 weeks of average income. Paul Otellini Busts Some Myths About Intel - Arik Hesseldahl. Chipmaker Intel has suffered from the notion that since it isn’t having much success in either the smartphone or tablet computing space, its growth prospects in the so-called post-PC era are limited. That, said Intel CEO Paul Otellini, is one of three myths he aimed to bust today in a speech at a Credit Suisse technology conference in Phoenix. First off, he pointed to the emerging markets. Intel is seeing significant growth in countries like Argentina, where the market for PCs grew 38 percent in 2011; Venezuela, where it grew 34 percent; and Russia, which grew 26 percent. “This emerging market trend is real,” Otellini said.
And it’s not likely to end anytime soon: In 2010, the top five PC markets by country were the U.S., China, Germany, Japan and Brazil. In 2015, Intel forecasts suggest, the top five will be China, the U.S., Brazil, Russia and Germany. And don’t forget the part that Intel plays in the cloud: Most of the servers running cloud services have Intel chips inside them. Intel Thrives in Tough Quarter, Expects Gains in Mobile Chips - Arik Hesseldahl. Despite a significant supply chain disruption in the PC business, Intel has managed once again to surprise everyone with its luck in selling chips to PC and server vendors.
The company’s profit climbed by nearly 6 percent in the quarter, despite persistent worries that demand for personal computers is down generally in the face of worldwide economic uncertainty, the popularity of tablet devices like Apple’s iPad, and smartphones in which Intel’s chips are not a significant factor. Yet, as has been the case for the last several quarters, Intel knows the demand for its global markets — specifically Brazil, Russia, India, and China — far better than any industry analyst, and its executives, especially CEO Paul Otellini, have seemed to enjoy bursting the bubbles of the IDCs and Gartners of the world, who continue to preach a catechism of PC doom. It’s important for the wider tech industry, because if Intel is healthy, it says a lot about the health of the rest of tech. 3:11 pm: J.P.
Ew. Russia’s startup climate: 5 steps away from primetime. Protests in Russia last week have dominated international news, and talking heads have been eager to explain how this is evidence of an increasingly divided and unstable Russia. Although the political response has not been as graceful as it could have been, the restraint the government has shown in regards to the protesters is encouraging, especially compared to how similar protests were met in Syria, Libya, or Egypt. What is unfortunate, however, is that the protests have overshadowed Russia’s entry into the World Trade Organization – an event 18 years in the making. Michael O’Flynn of UFG Asset Management has called WTO entry “unabashedly bullish in terms of market sentiment, expanded multiples, and general acceptance of Russia as a legitimate investment destination.” There is no better time to reflect on Russia’s status and potential as a center of innovation and entrepreneurship. Russia has a lot going for it today.
Venture capital has become available in Russia. 1. 2. 3. 4. 5. PCs slump as netbooks fade out | Technology. The western European PC market fell by 11.4% in the third quarter of 2011. Photograph: Martha Irvine/AP The western European PC market fell by 11.4% year-on-year in the third quarter of 2011 to 14.8m units as netbook sales collapsed by 40%, according to new figures from the research group Gartner. And the picture is unlikely to improve in the fourth quarter as PC vendors struggle to cope with the effects of a shortage of hard drives caused by flooding in Thailand, which has affected a number of factories making platters and other key elements for the drives. The western European PC industry continued to perform below normal seasonality, according to Meike Escherich, principal analyst at the group, who noted that the results make unpleasant reading for the PC industry, as the third quarter is traditionally a strong consumer quarter, driven by back-to-school sales.
The data come as part of Gartner's regular filings. Computers makers have been seeing interest in netbooks drop off rapidly. These Five Economies Should See GDP Growth Accelerate In 2012: Russia, Brazil, Thailand, Australia And The US. Europe is struggling and China seems to be slowing. As such, most economists see global GDP growth slowing 2012. Morgan Stanley's Global Economics Research team led by Joachim Fels recently cut its 2012 GDP growth outlook from to 3.5%, as the world continues to decelerate from an estimated 3.9% growth in 2011 and 5.2% growth in 2010. However, there are several huge economies that are expected to see growth pick up during this period. Morgan Stanley expects at least five major economies to see growth accelerate in 2012. Market share of leading PC vendors. The annual worldwide market share of personal computer (PC) vendors includes desktop computers, laptop computers and netbooks, but not tablet computers.
Global PC market share[edit] 1996–2000[edit] Fujitsu figures include Fujitsu Siemens.Figures include desktop PCs, mobile PCs, and servers using the Intel x86 processor architecture. 1996-1999 figures exclude x86 PCs.Figures subject to revision in later data releases. 2001–2005[edit] 2006–2013[edit] 1preliminary data Dell surpassed Compaq in 2001, but returned to second place when HP and Compaq merged in 2002; however, Dell again surpassed HP for the next few years. Unit sales[edit] 1996-2013[edit] Sales volume worldwide grew rapidly in the late 1990s but declined during the early 2000s recession. Figures include desktop PCs, mobile PCs, and servers using the Intel x86 processor architecture. 1996-1999 figures exclude x86 PCs.
References[edit] ^ Jump up to: a b Compaq and IBM Winners in 1996 Market Share. Brazil overtakes UK as sixth-largest economy | Business. Brazil's economy is now bigger than the UK's, say economists, booming on the back of exports to China. Photograph: Felipe Dana/AP Brazil has overtaken the UK to become the world's sixth-largest economy, according to a team of economists.
The banking crash of 2008 and the subsequent recession has relegated the UK to seventh place in 2011, behind South America's largest economy, which has boomed on the back of exports to China and the far east. Russia and India are expected to benefit from a surge in growth over the next 10 years and push the UK into eighth place. Like most economies, India is struggling with high inflation and slowing growth, but its highly educated workforce and skills in growth areas from IT and services to engineering will push the economy into fifth place. After a decade of selling oil and gas to Europe and other parts of Asia, Russia will be at number four. Europe is expected to suffer a "lost decade" of low growth following a credit binge over the past 20 years. PC Shipments Record Rare Quarterly Decline. Russia Plans to Push Technology Innovation. Cool Infographic: The World of Mobile Phones | Gear Diary. Analyst, Walt Custer; 01/18/2012. Russia. Election Watchers Create IT Windfall.
Online Extra: From Russia with Technology? Russians See U.S. As Land Of Start-Up Funding, Investment Opportunity - Venture Capital Dispatch. Russia needs more consumer-focused media, expert says. Information Technology and Russia's Future | INSOR Russia: Institute of Contemporary Development.