The PC Refresh Cycle Will Shorten, Not Lengthen
"I know people think the PC refresh cycle is going to be elongated again, but I disagree. Even though PCs are lasting longer, I think the addition of new features like touch-screen support, voice recognition, facial recognition and others are going to accelerate the upgrade cycle. When you look at the range of devices and the price points out there, and now you add more usage models around these features, I think PCs become much more attractive. In the past, your usage of the PC didn't really change much at all when you upgraded. But now it has. It's like the smartphone; people upgraded to the iPhone 4 just for Siri. So I think you'll start to see people upgrading their PC hardware faster like they do with smartphones and tablets."