What trends did we see in Q3 2013?
Worldwide PC shipments are expected to fall by 10.1% in 2013, slightly more than the previous projection of 9.7%, and by far the most severe yearly contraction on record.
With a total of 211.6 million smartphone units shipped during the quarter, Android accounted for 81%, surpassing the 80% threshold for the first time.
Microsoft's Windows Phone also reached a milestone, growing by 156% year over year.
Smartphone average selling prices (ASPs) have continued to decline as the appetite for more affordable devices grows. ASPs were down 12.5% in Q3’13.
There were 13 global technology IPOs in Q3 led by the software sector, an 18% increase in volume and 33% increase in dollars over Q3’12.
US technology M&A activity was sluggish in the first half of the year but activity picked up in Q3’13 putting technology on an upward trajectory for the fourth quarter.