Summer sales of IT products were down almost ten per cent this year, in what has been the worst quarter for UK technology retail in two decades, a survey has found.
According to market research by GfK Retail and Technology, notebooks remained popular, however, a drop in demand for desktops meant that IT sales came to just £1.776bn last quarter – a decrease of 9.6 per cent on the same period in 2008.
Storage devices were the only category to see a rise in sales. GfK predicts that any overall market growth for the IT sector in the future will be due to the continuing popularity of netbooks, along with telecom operators offering subsidised laptop deals.
Consumer electronics products also took a hit in Q2 2009, with sales down 6.3 per cent from the second quarter last year. High definition TVs showed a sales decline, which was not counterbalanced by growth in other areas.
GfK has noted that the UK market has been slow to embrace Blu-ray technology, but expects a revitalisation of the category by the end of the year, once the first recordable Blu-ray player is launched.
While the telecom sector has seen a small drop of 0.6 per cent, Smartphones have shown high levels of growth, with weekly sales rising from £1m in early May to £10m in late June.
Advertisement
Related Stories
- Apple ordered to cease iPhone and iPad sales in Germany Feb 3rd 2012 at 3:05PM
- PCR RETAIL BOOT CAMP: Dedicated website now live! Feb 2nd 2012 at 11:42AM
- GAME denies immediate stock problems Feb 1st 2012 at 1:56PM
- Consumerisation of IT Summit Jan 13th 2012 at 12:00AM
- Service Desk and IT Support Show Jan 13th 2012 at 12:00AM
- Tesco shares plummet after poor sales Jan 12th 2012 at 2:52PM
- Interactive Ideas offers best practice guides for selling online Jan 11th 2012 at 2:03PM
- Shepherd to head up VIP's new retail sales team Jan 10th 2012 at 12:31PM
- HMV bullish despite weak sales Jan 9th 2012 at 2:25PM
- Aussie retailer Harvey Norman launches offshore games site Dec 23rd 2011 at 5:19AM
Follow Follow this article if you would like to receive notifications of updates.



















Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!