The PC industry just suffered its worst decline on record, again

Australia News News

The PC industry just suffered its worst decline on record, again
Australia Latest News,Australia Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 97%

Global PC sales notched their worst recorded quarterly decline ever over the holiday season with Apple Inc. suffering the least.

Global PC sales notched their worst recorded quarterly decline ever over the holiday season with Apple Inc. suffering the least as analysts agree the recovery in the market has been pushed out to 2024.

Gartner said global PC shipments fell 28.5% to 65.3 million units in the fourth quarter, marking “the largest quarterly shipment decline since Gartner began tracking the PC market in the mid-1990s.” That was worse than the previous worst that was the third quarter.Broken down by company, Gartner’s number were similar to rival firm International Data Group’s tabulations that were released late Tuesday, with the usual exception to how the firms calculate Apple Inc. AAPL shipments.

“The anticipation of a global recession, increased inflation and higher interest rates have had a major impact on PC demand,” said Mikako Kitagawa, director analyst at Gartner. “Since many consumers already have relatively new PCs that were purchased during the pandemic, a lack of affordability is superseding any motivation to buy, causing consumer PC demand to drop to its lowest level in years.”

IDC had reported global PC shipments fell 28.1% to 67.2 million units in the fourth quarter from a year ago, with annual shipments falling 16.5% to 292.3 million units.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple planning in-house microLED display for new Apple Watch UltraApple planning in-house microLED display for new Apple Watch UltraTo shift away from Samsung and LG, Apple plans to produce its in-house microLED display for an upcoming version of the Apple Watch Ultra.
Read more »

Apple to replace key Broadcom chip with in-house design - Bloomberg NewsApple to replace key Broadcom chip with in-house design - Bloomberg NewsApple Inc plans to replace a Broadcom Inc chip from its devices with an in-house design in 2025, Bloomberg News reported on Monday, citing people familiar with the matter.
Read more »

Kawerak Inc. assists tribal members affected by SNAP delaysKawerak Inc. assists tribal members affected by SNAP delaysThe promotion of the program comes after Kawerak employees noticed that more families with children started applying to the general assistance program.
Read more »

Uniqlo owner gives Japan Inc a jolt with 40% wage hikeUniqlo owner gives Japan Inc a jolt with 40% wage hikeUniqlo parent Fast Retailing Co Ltd on Wednesday said it would raise wages by as much as 40%, focusing on its home market of Japan, where salaries have been under downward pressure for years.
Read more »

'Velma' Trailer Gets the Mystery Inc. Gang Together at Last'Velma' Trailer Gets the Mystery Inc. Gang Together at LastThe Mystery Inc. gang is together at last in the newest 'Velma' trailer.
Read more »

Apple's VP services Stern to depart - InsiderApple's VP services Stern to depart - InsiderApple Inc's vice president of services, Peter Stern, has informed colleagues that he is leaving the company, the Insider reported on Monday, citing a source close to the executive.
Read more »



Render Time: 2025-02-27 19:31:03