Photograph taken on Jan. 8, 2020 exhibits the world’s first 5G private laptop launched by Lenovo throughout the 2020 Client Electronics Present in Las Vegas, the US.
Wu Xiaoling | Xinhua Information Company | Getty Pictures
The non-public computing market noticed shipments proceed to chill within the third quarter as demand waned and provide chain points persevered, in accordance with the information from the Worldwide Information Company launched Monday.
In contrast with this time final 12 months, shipments had been down 15%, which remains to be nicely above pre-pandemic ranges, IDC discovered. International shipments totaled 74.3 million within the quarter, down from 87.3 million throughout the identical interval final 12 months.
HP noticed PC shipments decline about 28%, Dell shipments had been down 21% and Lenovo 16%. In the meantime, Apple bucked the development with PC shipments rising 40% within the third quarter.
AMD hinted at this headwind final week when the chipmaker minimize its gross sales forecast on Thursday for the third quarter, blaming a larger-than-expected decline within the PC market and provide chain points.
Traders will doubtless be looking ahead to indicators of weak point in PC shipments when Microsoft and Intel report third quarter earnings later this month. Microsoft is ready to launch outcomes on Oct. 25, whereas Intel will report on Oct. 27.
WATCH: PC weak point hitting semi shares like AMD, says BofA’s Vivek Arya
Originally published at Gold Coast News HQ
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