Rich Levin - Home PC Market Explodes

PC REPORT

December 25, 1997

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STUDY:
HOME PC MARKET EXPLODES

If you think the Internet is slow now, just wait until after the new year, when an expected 1.5 million new computer users will be poised to go online. That according to a study just released from market researchers International Data Corporation and A.C. Nielsen.

The two firms surveyed over 12,000 computer shoppers in November and December, and determined the number of new computers heading into homes this holiday season will double over last year, to 1.5 million.

Almost half of the new computers projected to be purchased for Christmas and Hanukkah giving will be bought by first-time buyers, 52% of whom plan to spend between $750 and $1,250 for their new system. Of those, 62% have total household incomes of $35,000 or less.

Interestingly, less than 16% of repeat buyers are targeting machines under $1000, choosing instead to move up to more powerful PCs costing $2,000 or more. Final results of the survey, which continues through December, will be published in early 1998.

Rich Levin, KYW Newsradio.

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Rich Levin, Senior Editor
InformationWeek magazine -- CMP Media, Manhasset, NY

Reporter - KYW Newsradio 1060 AM (CBS) -- Philadelphia, PA

Host - CBS Radio's Computer Talk -- WPHT Philadelphia 1210 AM

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