Global PC shipments declined in the second quarter of 2023, but the rate of decline slowed down compared to previous quarters, indicating a potential market turnaround. Analyst firms Gartner and IDC reported year-on-year decreases of 16.6% and 13.4%, respectively, contrasting with sharper declines of around 30% in earlier quarters. This trend suggests that PC shipment volumes may have reached a low point, with a rebound expected in business spending on devices in 2024.
Why it matters: The decline in PC shipments indicates a potential stabilization of the market, offering hope for future growth in the PC industry. This development suggests that businesses may be gradually increasing their demand for PCs, leading to a normalization of their inventory by the end of 2023 and a return to growth in demand starting in 2024.
- The decline in global PC shipments during the second quarter of 2023 showed a slower rate of decrease, indicating a potential stabilization in the market after significant drops in previous quarters.
- Analysts expect PC shipment volumes to have reached a nadir, with a potential rebound in business spending on devices in 2024.
- Apple was a bright spot in the market, experiencing year-on-year shipment growth, while other major vendors like Lenovo, Dell, and Acer saw double-digit declines.
