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Buy Computer Hardware Now: Prices Expected To Increase This Year

By May 1, 2017May 25th, 2021Technology News

If you’re in the market for new hardware, PC or smartphone, now is the time to buy. All indications are that prices are going to be rising in the next year.

There are a few different factors in play here. This year is slated to be a big year for new smartphone releases, putting increased pressure on parts suppliers. The expectation is that smartphones will see a 4.3 percent price increase over the next twelve months as suppliers max out their production capabilities.

PC growth is still expanding, albeit more slowly, and much of the current growth is being driven by the demand for high-end gaming systems.

The people who buy systems like these aren’t particularly price sensitive, and are much more interested in squeezing every ounce of performance they can from their systems, which explains why the prices for high-end components are slated to rise. Note, however, that PC prices aren’t expected to see nearly as large an increase as smartphones. They will see only up about 1.5 percent over the next twelve months.

In any case, if you’ve been putting off buying new equipment, and you are looking to get the best price possible, the window is rapidly closing to make that happen. The time is now if you want to get the most bang for your budgetary buck.

If your IT staff is swamped with other initiatives and you can’t spare anyone to make the investments you know your company will need to stay competitive in the long term, give us a call today and speak with one of our knowledgeable representatives. We can work with you to assess your needs and chart a course with you to make all the equipment acquisitions your company will need to grow without pulling your existing staff off of their tasks.

Chris Forte

Chris Forte, President and CEO of Olmec Systems, has been in the MSP workspace for the past 25 years. Chris earned his Master’s Degree from West Virginia University, graduating Magna Cum Laude. He was a past member of the Entrepreneurs’ Organization, a current member of the New Jersey Power Partners and Executive Association of New Jersey, where he has previously served on its board of directors. In his spare time, Chris enjoys traveling with his family. He also admits to being a struggling golfer and avid watcher of college football and basketball. He currently lives in Boonton Township, NJ with his wife, two daughters, son, and black lab Luna.