PC shipments numbered 56.9 million in the first quarter of this year
Global shipments of personal computers (PCs) are set to decline by 29% in the first quarter of 2023 due to weak demand, excess inventory and deteriorating macroeconomic environment, market research firm IDC said.
Global shipments of personal computers (PCs) are set to decline by 29% in the first quarter of 2023 due to weak demand, excess inventory and deteriorating macroeconomic environment, market research firm IDC said.
In the report published on Sunday, International Data Corporation (IDC) said that global PC shipments in the first quarter of this year totaled 56.9 million, up from 80.2 million in the same period last year.
Shipments projected a similar decline of 28.1% year-on-year in the final quarter of 2022.
Of the top five PC companies analyzed in the report, Apple’s Q1 shipments saw the biggest decline of 40.5% from the same period in 2022, with Dell Technologies Inc coming second with a 31% decline.
IDC said Lenovo Group Ltd, Asustek Computer Inc and HP Inc also suffered declines in shipments.
In February, Apple reported that sales of its Mac computers, which sprung up during the wave of working from home during the pandemic, declined 29% YoY to $7.7 billion in their most recent quarter.
“The preliminary results also represent a coda to an era of COVID-driven demand and at least a temporary return to pre-COVID patterns. Shipment volume in Q1 2023 was significantly lower than the 59.2 million units shipped in Q1 2019 and the 60.6 million units shipped in Q1 2018,” IDC said.
“The stagnation in growth and demand is also giving the supply chain some wiggle room as many factories begin to seek production options outside China.”
Worries remain over a recession in major economies, with recent turmoil in the banking sector adding to concerns that rampant inflation and tight monetary policy will constrain growth and financial investment.
If the economy continues to trend upward by 2024, “we expect the market to see a significant boom as consumers look to refresh, schools look to replace worn-out Chromebooks, and businesses move to Windows 11,” Lin said. Huang, Research Vice President, Devices and Displays, IDC.
“If the slowdown in major markets continues into next year, the recovery could be slow.”
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(This story has not been edited by News18 staff and is published from a syndicated news agency feed)
