Canalys: ‘PC and laptop sales on the rise again by 2024’
Global sales of PCs and laptops will be on the rise again by 2024. This is the finding of Canalys market researchers in a recent report. Next year, 267 million units are expected to cross the counter.
According to Canalys market researchers, global sales of PCs and laptops are slowly growing aga... Read more
‘Global PC sales have hit all-time low’
Global PC sales reached their all-time low in the last quarter of this year, according to analyst firm Gartner. A rebound is expected next quarter.
Gartner figures show that a total of 64.3 million PCs and laptops were sold in the third quarter of 2023. That's 9 percent less than in the same qua... Read more
Lenovo invests heavily in AI to offset slump in PC sales
Lenovo is the biggest player in the PC market but, like its competitors, it's facing disappointing sales figures. The Chinese company has just strengthened itself with John Thornton as non-executive director, who brings experience from Ford and Goldman Sachs with him. In addition, a $1 billion inve... Read more
Lower PC sales hamper Lenovo’s revenue in fiscal 2023
Lenovo suffered greatly for its final results for fiscal year 2023 due to lower PC sales. As a result, total sales for this fiscal year remained stuck at $62 billion.
Compared to 2022, total sales fell 14 percent to $62 billion. In the previous year, it was $71 billion. The main cause was the de... Read more
Global PC sales fall sharply in Q1, Apple suffers biggest drop
Global PC sales fell sharply in the first quarter of 2023. Apple in particular saw a sharp decline in Mac sales.
According to research firm IDC, PC sales fell 29 percent to a total of 56.9 million in the first quarter of 2023. In the first quarter of 2022, 80.2 million PCs still crossed the coun... Read more
‘Intel plans to layoff thousands amid PC market slowdown’
In the face of a slowdown in the PC industry, chipmaker Intel is preparing a significant decrease in its workforce. Layoffs could affect thousands of employees, Bloomberg News reported on Tuesday, citing individuals familiar with the matter.
According to the article, the layoffs will be disclose... Read more
PC and laptop sales plunge while Apple is up
Sales of PCs and laptops continue to decline worldwide, according to researchers from IDC in a report on the third quarter of 2022. Contrary to the trend, Apple recorded sales growth in the latest quarter.
The global PC and laptop market has been struggling with declining sales for some time. I... Read more
Lenovo posts slowest revenue growth in nine quarters as PC sales dip
Lenovo reported its weakest revenue rise in nine quarters. The world's largest PC maker saw device sales slow following a pandemic-fueled surge.
The findings validate Lenovo's strategy of focusing on non-PC sectors such as cellphones, servers, and information technology services, which now a... Read more
‘PC sales will decline by 10 percent’
If the most recent estimate from Gartner turns out to be correct, manufacturers of personal computers will need to prepare for a sharp decline in sales.
The analytical group predicted that, by the end of 2022, consumer demand will be 13.5 percent down from 2021. PC shipments are estimated to fal... Read more
‘PC sales continue to decline’
PC sales are on the decline worldwide. This is concluded by Counterpoint's market experts in their first quarterly survey of 2022. Only Apple and Dell showed growth. The drop brings an end to two years of strong growth in laptop and PC sales.
In the past two years, global laptop and PC sales inc... Read more