Sweating the assets: Techies holding onto PCs, phones for longer than ever
"What you're seeing is the result of accumulation of overoptimism off the back of the COVID years. Coming into 2022, because there was a shortage of inventory, vendors estimated bigger pipelines," Atwal said.
Atwal anticipates businesses will be cautious in how they spend, and thinks lifecycles on PCs will be elongated."Businesses will sweat this year but they can't indefinitely sweat. Over the last year lifetimes have gone up by six to nine months as consumers and business have held on. And as people have held on, demand dipped, and that is where we've got this inventory coming."
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