From PCMAG · Michael Kan · · 1m 10s
PC Shipments Drop 20% in Q3
PC shipments fell 20.1% year over year in Q3, the worst quarterly decline on record.
In brief
PC shipments fell 20.1% year over year in Q3, the worst quarterly decline on record. PC shipments dropped 20.1% year over year in Q3, the largest decline since the pandemic. Originally reported by PCMAG.
Q3 PC Shipments Down 20.1%
PC shipments dropped 20.1% year over year, the largest year-over-year decline during a Q3 period on record.
IDC Reports Worst Q3 Decline
IDC Director Jitesh Ubrani said Q3 declines were larger than 2022Q4 and 2023Q1, which were also down 28.2% and 28.7% year over year.
Q3 Shipments Fall Short of Q2
PC shipments were at 62.7 million units, down 9.1% from the previous quarter, below typical Q3 levels.
Top PC Makers Also Decline
Lenovo, Dell, and HP all saw shipments fall by over 20% year over year due to the memory shortage.
Memory Shortage Threatens Demand
IDC warns the AI-driven memory shortage is causing higher costs and reduced demand for PCs and phones.
Vendors May Cut Prices
Vendors might lower prices to clear inventory, but prices will remain elevated for the foreseeable future.
Memory Shortage Expected to Worsen
Micron CEO warned the memory shortage will tighten and persist into 2027 and 2028.
The main idea
PC shipments dropped 20.1% year over year in Q3, the largest decline since the pandemic.
