Cheaper Tablets On The Horizon

Gartner says that in 2013 consumers will spend $US666 billion world wide buying smartphones, tablets, PCs and printers; that’s $US50 billion less than was originally estimated but still 6.3 percent more than what consumers spend in 2012 ($US627 billion).

Cheaper digital gadgets are on the horizon. Photo Credit: Photo News

A weak dollar, lower price offerings set by Android based tablets and cheaper tablets offered in countries with growing economies, are the primary reasons why consumers will spend less in 2013 than first anticipated.

Gartner has calculated that electronic gadget sales will experience an annual growth rate of 4.5 percent until 2016. The annual growth rate for smartphones, tablets, PCs and printers used to be 6.7 percent annually.