PC Shipments Rise in 4Q After Two-Year Slump, Gartner Says
11 January 2024 - 9:37AM
Dow Jones News
By Will Feuer
Global shipments of personal computers rose in the fourth
quarter from the prior year, the first increase in quarterly
shipments after eight straight quarters of declines, according to
research firm Gartner.
"The PC market has hit the bottom of its decline after
significant adjustment," Gartner analyst Mikako Kitagawa said.
"This subtle growth suggests that demand and supply are finally
balanced."
Apple's PC shipments rose by more than 7% in the fourth quarter,
according to Gartner, while Lenovo's and HP's shipments rose about
3% and nearly 6%, respectively. Dell's shipments fell 8%.
For the full year, PC shipments fell nearly 15%, with units
shipped falling below 250 million for the first time since 2006.
Gartner is projecting that shipments will return to growth this
year, though Kitagawa cautioned that component price increases and
geopolitical uncertainty could weigh on the sector.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
January 10, 2024 17:22 ET (22:22 GMT)
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