U.S. Notebook PC Sales Surpass Desktop PC Sales in May -- For the first time in U.S. history, retail sales of notebook computers surpassed those of desktops in May, according to research firm Current Analysis. Notebook sales grew from 45.9 percent of the total PC retail market in May 2004 to 53.3 percent of last month. "The past few months have seen an increase in the number of retail notebook players, with lesser-known value players Acer and Medion gaining shelf space at major retailers such as Best Buy, Circuit City and CompUSA," said analyst Sam Bhavnani. "In addition, notebook pricing has dropped considerably." Prices, in fact, have fallen an average of 17 percent over the past year. The firm said that notebooks nearly topped desktops in August 2004, on the strength of intense back�to-school advertising by Toshiba.
The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without