The second quarter of the year ended last month. Now, global markets intelligence firm International Data Corporation (IDC) has shared results of global PC shipments in the second quarter of this year i.e the period from April to June. The personal computing market experienced a significant decline over-on year in Q2, 2023. However, the contraction is lesser than Q1, 2023. Read on to know everything below.
PC market experiences a decline in Q2, 2023
In Q2, 2023, the global PC shipments dipped 13.4 percent YoY basis. This is far lesser than a 29 percent contraction in Q1 this year. The market saw a sixth consecutive quarterly decline. IDC attributes this to factors like macroeconomic headwinds, weak demand, and a shift in IT budgets. The weak demand also resulted in higher inventory.
As for OEMs, Lenovo, Dell, and Acer registered double-digit declines in Q2, 2023 compared to the same period last year. Only Apple registered growth. Lenovo still led the market with 14.2 million shipments and a 23.1 percent share. HP came second with 13.1 million units sold and a 21.8 percent share. Dell was third on the list with 10.3 million shipped devices and a 16.8 percent market share. Apple bagged the fourth spot by selling 5.3 million units and having an 8.6 percent share of the market. The Cupertino-based tech giant also grew 10.3 percent year-on-year basis. Acer was the fifth on the list with a 3.2 percent market share.
IDC reports that Apple had a favorable YoY comparison as the company faced supply issues during 2Q22 due to COVID-related supply constraints. On the other hand, HP dealt with an oversupply of inventory in the past year and has now approached normal levels.
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