Synaptics Appears Headed for a Slowdown

Late last Thursday, the market research firm IDC cut its forecast for global PC shipments not only for 2012 but also for the 2013 to 2016 period. On the heels of weak PC sales from Dell (DELL) and Hewlett-Packard (HPQ), IDC now expects PC shipments to grow only 0.9% this year, compared with its June forecast that called for 5% growth compared with 2011. That means the industry would ship roughly 367 million PCs this year. 

While consumers remain strapped in terms of disposable income, there are two drivers behind PC shipments year to date. First, many are waiting for the rollout of Microsoft's (MSFT) latest PC operating system, Windows 8, which is slated for November. The idea is that pent-up demand that will be released once PCs that run this new operating system are in the market. Odds are that that's at least partly why IDC sees PC shipment growth averaging 7.1% from 2013 through 2016. Overall, the total PC market -- including tablets, desktops and laptops -- is expected to grow from 433.5 million in 2011 to 705.2 million in 2016....414 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.