Collaborate Disseminate
The world’s biggest maker of PCs delivered a net income of $253 million on revenues of $15.4 billion in the quarter ending June 30.
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HP announced that it earned a net income of $600 million on revenues of $12.8 billion in the quarter ending April 30, roughly flat with the year-ago quarter.
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IDC reported today that PC sales grew 1.5 percent in the first quarter, which isn’t as exciting or positive as it tried to make this sound.
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PC makers sold just 250.7 million PCs in 2023, a decline of 13.25 percent year-over-year (YOY) when compared to the 289 million units sold in 2022.
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A new report from the market researchers at IDC claims that the PC industry’s post-pandemic sales freefall will come to an end next year.
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PC makers sold 288.9 million PCs in 2020, a leap of 8.6 percent over the previous year, and the second consecutive year of growth for the once-struggling industry.
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PC makers sold 264 million units in 2019, according to data collected by Gartner and IDC, a gain of 1.9 percent year-over-year.
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The PC market has now experienced seven years of decline, with PC sales hitting 259 million units in calendar year 2018.
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There was one surprise in the quarter: Lenovo regained the top spot in the market, displacing HP.
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In an open letter, Intel claims it is seeing “surprising” growth in its PC business this year. Where surprising means modest.
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