Shipments of PCs Plummet

In the third quarter of 2022, the PC industry faced its steepest decline on over two decades, according to Gartner. Shipments of 68 million PCs between July 1 and Sept. 30 of this year totaled 68 million, compared with 84 million during the same period a year ago. 

Analyst Mikako Kitagawa noted that the results “could mark a historic slowdown for the PC market. While supply chain disruptions have finally eased, high inventory has now become a major issue given weak PC demand in both the consumer and business markets.”

HP and Dell took the most substantial growth hits and market share declines. HP, which saw a 28% decline in growth, lost more than two points of market share. Dell’s decline was 21.1%. While Lenovo also shipped 15.3 million fewer units, it gained over a point in share, which it took from HP, Dell and Acer. Besides Lenovo, Asus and Apple also picked up some share.