Less than a year after hitting the market at an exceptionally low $199 price point, Google's Nexus 7 mini tablet is causing an uproar among early adopters who complain the device is already beginning to fail with frustrating lag and frequent periods of unresponsiveness.

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More bad new for Microsoft's Windows 8: Asus, one of the few PC makers to experience any growth last year, is now lowering its forecasts for June quarter PC and tablet sales in the face of slack demand for computers with the appearance of Windows Phone.

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Google is reportedly working on a successor to the Nexus 7, one aimed at taking the fight back to both Apple's iPad mini and Amazon's Kindle Fire by shrinking the bezel to accommodate a larger and higher-resolution display.

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Gartner on Monday contradicted its rival IDC and claimed that domestic Mac shipments actually grew for Apple by 5 percent year over year in the holiday quarter.

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Sales of Google and Asustek's Nexus 7 tablet have steadily increased since its launch, and are now near 1 million units per month.

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Estimates released Wednesday from market research firms show overall U.S. PC shipments fell nearly 14 percent year-to-year in the third quarter of 2012, while Apple's share shrunk 6.1 percent over the same period.

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Apple retained the lion's share of the tablet market in the second quarter of 2012, dominating with a 68.2 percent market share.

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Estimated quarterly PC shipments show the overall U.S. market declined 5.7 percent year over year in the second quarter of 2012 while Apple grew 4.3 percent.

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The parts that make up Google's new $199 Nexus 7 tablet have been estimated to cost $152, suggesting the company could eke out a small profit after development costs are accounted for.

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Nokia has issued a thinly-veiled threat to Google and Asus, the makers of the new Nexus 7 Android tablet, by claiming that the device infringes its patents and recommending that the two companies "simply approach" the handset maker for a patent license.

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One financial analyst says Apple's iPad is in little danger of losing its top spot on the tablet heap to Google's newly-announced Nexus 7, as he believes the device is "just another Android-based tablet."

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Asus and Google have partnered to build the new "Nexus 7," a 7-inch tablet running Android 4.1 Jelly Bean that will start at $199 when it launches in July.

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Google is believed to be "taking direct aim" at Apple's iPad this week with the anticipated unveiling of a $199 tablet at its Google I/O conference, a new report claims.

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Notebook manufacturers are hopeful that the recent debut of Intel's Ivy Bridge processors, as well as the forthcoming launch of Windows 8, will boost laptop sales and counter the effect of Apple's iPad.

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On the heels of the unveiling of the Microsoft Surface tablet, Google is reportedly planning to take another stab at Apple's iPad with a new, low-cost Android tablet the company is expected to introduce in the near future.

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Google and Asus are gearing up to release a co-developed 7-inch tablet in July with initial shipments of 600,000 units, according to a new unverified report.

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On the heels of a report that Microsoft is aiming to release Windows 8 in September or October, a new rumor claims first-tier tablet vendors will launch their first Windows 8 devices in October.

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A new rumor out of the Far East claims Google and Asus are partnering on a 7-inch co-branded tablet that could arrive as early as May and will be priced between $199-249.

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Apple has reportedly asked Pegatron, one of its overseas device assemblers, to "choose sides" and stop producing the MacBook Air-like Zenbook from Asus, or else lose Apple's business.

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PC sales in Europe plummeted in the fourth quarter of 2011, but Apple bucked that trend over the holidays, particularly in France and the U.K., with continued strong growth.

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