PC shipments fall for HP, Lenovo and Dell, but Apple shipments increase in Q3 | Biden News

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Photo taken on Jan. 8, 2020 shows the world’s first 5G personal computer launched by Lenovo during the 2020 Consumer Electronics Show in Las Vegas, the United States.

Wu Xiaoling | Xinhua News Agency | Getty Images

The personal computing market saw shipments continue to cool in the third quarter as demand waned and supply chain issues persisted, according to data from the International Data Corporation released on Monday.

Compared to this time last year, shipments are down 15%, which is still well above pre-pandemic levels, IDC found. Global shipments totaled 74.3 million in the quarter, down from 87.3 million during the same period last year.

HP saw PC shipments drop about 28%, Dell shipments decreased by 21% and Lenovo 16% Meanwhile, an apple bucked the trend with PC shipments increasing 40% in the third quarter.

AMD hinted at this headwind last week when the chipmaker cut its sales forecast on Thursday for the third quarter, blaming a larger-than-expected decline in the PC market and supply chain issues.

Investors will likely watch for signs of weakness in PC shipments when Microsoft and Intel report third quarter earnings later this month. Microsoft is set to release results on October 25, while Intel will report on October 27.

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