SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs
SPY 671.910.0%Nov 14 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Johnny Canuck who wrote (53239)10/12/2020 6:17:42 PM
From: Johnny Canuck2 Recommendations

Recommended By
Return to Sender
The Ox

  Read Replies (1) of 68030
 
The U.S. PC market just had its best quarter in 10 years, Gartner says
PUBLISHED MON, OCT 12 20205:19 PM EDT
Kif Leswing
@KIFLESWING
KEY POINTS
PC makers shipped 71.4 million PCs in the quarter ending in September, a 3.6% increase from the same period last year, according to an estimate from technology research company Gartner.
16.5 million PCs were shipped to the U.S., an 11.4% increase over the same period last year. That’s the fastest U.S. PC growth rate in a decade, according to Gartner.
Consumers are buying new PCs as the coronavirus pandemic and concurrent lockdowns have forced them to work and attend school from home.
A customer looks at computers at a Best Buy store in Northbrook, Ill.
A customer looks at computers at a Best Buy store in Northbrook, Ill.
Tim Boyle | Bloomberg | Getty Images
PC makers shipped 71.4 million PCs in the quarter ending in September, a 3.6% increase from the same period last year, according to an estimate from technology research company Gartner.

16.5 million PCs were shipped to the U.S., an 11.4% increase over the same period last year. That’s the fastest U.S. PC growth rate in a decade, according to Gartner.

The PC market has been declining on and off for the past decade as smartphones became dominant in many markets and businesses wait for new versions of Microsoft Windows before upgrading. But this quarter, worldwide consumer demand for new PCs was the highest it’s been in five years, as the global coronavirus pandemic and concurrent lockdowns drove demand for home entertainment and remote schooling.

“On the consumer side it was really declining for 10 years, partly because a lot of people used smartphones,” Gartner research director Mikako Kitagawa said. “But in the US and Western Europe, notebook shipments were really strong, because everyone had to prepare for work from home.”

Globally, Lenovo shipments were up 8.3% year-over-year to 18.3 million shipments, making it the largest beneficiary from the trend. HP, Dell, Apple, and Acer rounded out the top five PC manufacturers.

Last week, Canalys, another research firm, found that computer shipments were up 12.7% year-over-year. However, Canalys included laptops running Google’s ChromeOS operating system, which are less expensive and popular with schools, whereas Gartner’s estimate excludes them, focusing on laptops and desktops running Microsoft’s Windows or Apple’s MacOS.

Including Chromebooks, the total PC market grew 9%, Gartner said. Chromebook shipments grew 90% year-over-year.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext