A report on Thursday revealed that the shipments of personal computers globally stood at 63.3 million units in the fourth quarter of 2023, an increase of 0.3 per cent from the corresponding period last year. The Gartner study emphasised that after experiencing eight consecutive quarters of decline, the shipments finally increased. In 2023 the shipping […]
Global shipments of traditional PCs have exhibited signs of recovery in the fourth quarter of 2023, with preliminary results from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker indicating that nearly 67.1 million PCs were shipped during this period. While the numbers in Q4 represent a 2.7 per cent decline from the […]
Dell Technologies reported third-quarter revenue below estimates on Thursday, attributing it to a slower-than-expected recovery in the hardware and software market. The company’s shares declined by 4 per cent after the announcement. The overall market witnessed a demand slowdown following the surge in electronic device sales during Covid lockdowns, driven by increased work-from-home measures. In […]
The India traditional PC (Personal Computer) market, which includes desktops, notebooks and workstations, reached 4.5 million units in third quarter of FY23, up 14 per cent year-over-year (YoY) according to a new report. During the quarter, the notebook category grew by 13.1 percent YoY, while the desktop category grew by 19.3 per cent and the […]
Lenovo Group reported a significant setback in its financial performance for the third quarter ending September, with a 16 per cent fall in revenue totaling USD 14.41 billion compared to the same period last year. This is the fifth consecutive quarter of declining sales for the company, as it grapples with the lingering effects of […]
Lenovo Group, the PC maker, reported a 24 per cent fall in revenue for the April-June quarter, reflecting the continued impact of a global downturn in demand for personal computers. The company’s Q1 performance marks its fourth consecutive quarter of sales decline, as the tech giant grapples with economic challenges compounded by the ongoing COVID-19 […]
Personal computer (PC) shipments during the second quarter of 2023 declined 13.4 per cent globally on a yearly basis, according to International Data Corporation (IDC) data tracker. International Data Corporation (IDC) is a global market intelligence and advisory services provider. According to IDC, this was the sixth consecutive quarter of contraction brought on by macroeconomic […]
