Chart of the Day: Doomsday forecast for smartphones and tablets

They're ceasing after four years.

According to OCBC Investment Research, due to the continued cannibalisation of PCs by mobile devices such as tablets and smartphones, industry watcher IDC now expects 2H13 worldwide PC shipments to decline by 7.0% YoY (previously forecasted a 3.2% dip). On the other hand, sales of tablets and smartphones are estimated to grow at 34.7% and 21.4% in 2013, respectively.

"This growth is expected to moderate to 18.6% for tablets and 12.6% for smartphones in 2014, which we believe is partly attributed to increasing saturation, especially within the high-end smartphones space,"

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