PC shipments reportedly decline about 28% in the 4th quarter of 2022. And according to market researcher IDC, the pandemic purchase boom is over.
PC Shipments Reportedly Decline About 28% in the 4th Quarter Of 2022
Shipments of PC just fell below the expectations of analysts in the fourth quarter of 2022, with PC makers reported to be shipping 67.2 million computers which is a drop of 28.1% in contrast with the same quarter in the previous year, according to preliminary results released by IDC on Tuesday.
The reported decline in the fourth quarter is following up on a 15% drop in the third quarter. And for the full year shipments generally are down by 15.6%. According to IDC, it was very clear that the pandemic buying boom experienced by the PC market is over. But, however, noted that despite its recent declines, the shipments for PC for the whole year were above pre-pandemic levels.
What the Researchers Have To Say About Their Findings
“Consecutive quarters of declines clearly paint a gloomy picture of the PC market, but this is really all about perception,” group vice president with IDC’s worldwide mobility and consumer device trackers, Ryan Reith in a statement said. “2021 was near historic levels for PC shipments, so any comparison is going to be distorted.”
The market research company however voiced optimism about the near future of the PC market saying that “the market has the potential to recover in 2024 and we also see pockets of opportunity throughout the remainder of 2023.”
How the Top Companies in the PC Industry Fared In the Quarter
Lenovo however in all of this kept its PC market crown in the quarter by shipping out 15.5 million units for a 23% market share. But even at that, its shipments were down over 28% from the year-ago period. The second on the line HP saw a slightly better decline in shipments at 29%, while dell which is third on the list fell down by 37%.
The only computer maker that came out of the quarter larger untouched was Apple. The Mac device maker got the fourth spot by shipping 7.5 million units which is a decline of 2.1% over the same quarter in 2021.