: PC market in ‘steepest’ fall since data started being collected in mid-1990s, analysts agree

by | Oct 10, 2022 | Stock Market

One thing two differing research firms following the troubled PC industry can agree upon is that global shipments are experiencing their worst pullback since the mid-1990s when data started being collected on the industry. Global PC shipments logged yet another quarter of declines, while remaining above pre-pandemic levels, their worst — or among their worst — ever recorded, depending if you follow research firm International Data Group or rival Gartner Inc.

Early Monday, IDC said third-quarter PC shipments worldwide fell 15% year-over-year to 74.3 million worldwide, just a hair from the second-quarter decline of 15.3% that marked the sharpest quarterly drop off in shipments since IDC began collecting data back in the mid-1990s. This quarter, Gartner data released after the close of markets Monday claims third-quarter PC shipments plummeted a whopping 19.5% to 68 million from a year ago, or a difference of 6.3 million shipments versus IDC. That nearly 20% drop marks “the steepest market decline since Gartner began tracking the PC market in the mid 1990s and the fourth consecutive quarter of year-over-year decline,” the firm said in a statement.  Much of this year’s slowdown reflects a tough comparison to 2021, which posted some of the best shipping numbers in about a decade, as workers stocked up on work-from-home infrastructure. As was the case last quarter, the difference between IDC’s and Gartner’s figures is no longer whether …

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