Sales of personal computers dropped for the fourth consecutive year in 2015. By one firm's measure, the decline was the worst in the history of the PC business.
In our smartphone- and app-obsessed lives, it’s hardly surprising that personal computers aren’t a growth industry anymore. In many parts of the globe, the mobile phone is the sole computing device. In the developed world, people are happy to stick with old PCs and splurge instead on the latest smartphone or streaming video doodad. Cost-conscious companies don’t feel the need to buy new computers often.