Gartner: Worldwide PC shipments continue dropping; Lenovo market share hit
The North American market share for Lenovo and HP is now a statistical dead heat, with both companies at 26.7%.
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HP
Global PC sales plummet again; drops of 30% or more hit Apple, Lenovo, Dell
Personal computer shipments plummeted in the first quarter compared to a year ago with Apple, PC market leader Lenovo and Dell seeing sales plummet by 30% or more. HP suffered slightly less with a drop of 24%. But if manufacturers could take heart in something it’s that quarter one shipments were nearly double of those in the fourth quarter which was the lowest three-month total reported by research firm IDC since it began tracking shipments in 2008.
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Personal computer sales ‘collapse’ but Lenovo keeps top spot
Worldwide PC sales “collapsed” in the fourth quarter of 2022, says research firm Garnter as a contagion it says was triggered by global economic uncertainty pounded every major manufacturer.
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More tech layoffs: HP says it will lay off up to 6,000 workers
HP announced on Tuesday that it will lay off thousands of workers over the next three years, becoming the latest tech company to significantly downsize staffing amid a souring economic climate.
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Buffett goes tech: Berkshire Hathaway takes 11% stake in HP
Shares of HP Inc. jumped nearly 18% Thursday after Warren Buffett’s company snapped up more than 11% of the printer and computer maker over the past week in another uncharacteristic tech investment from the billionaire.
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PC sales soar to highest number since 2012, but leader Lenovo takes a hit
Despite supply chain issues with demand for home PCs continuing to be driven by COVID, the world’s PC market produced the biggest sales in a decade. However, Lenovo, the market leader, took a hit in the fourth quarter.
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Dell, HP report strong financials – but they still trail Lenovo in PC sales
HP shares are up about 20% this year while Dell has surged nearly 40% — thanks to strong demand for old-fashioned PCs running on the iconic Microsoft operating system as well as newer devices such as Chromebooks that use the OS from Google owner Alphabet. But they still trail Lenovo, the world leader in PC sales.
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Lenovo drives up marketshare in US, keeps No. 1 spot in global PC sales
Lenovo, given a big lift by a jump in sales across the US, retains its hold on the rank of No. 1 in global PC sales according to research firms Gartner and IDC.
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Xerox drops efforts to acquire HP, citing coronavirus
A potentially huge technology merger is being called off. Here are the details.
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