Global Shipments of Personal Computers Drop by 29%

Last updated Apr 10, 2023

Global shipments of personal computers (PCs) have dropped by 29% in the first quarter of 2023 due to weak demand, excess inventory and a deteriorating macroeconomic climate.

Apple Inc. takes the largest hit, according to market research firm, International Data Corporation, IDC.

In the report published Sunday, the IDC said global PC shipments numbered 56.9 million in the first quarter of 2023, down from 80.2 million in the same period last year (2022).

The shipments extended a similar year-on-year decline of 28.1% in the last quarter of 2022.

Of the top five PC companies analysed in the report, Apple’s Q1 shipments saw the largest drop of 40.5% from the same period in 2022, with Dell Technologies Inc coming in second with a drop of 31%.

Lenovo Group Ltd, Asustek Computer Inc and HP Inc also faced declines in shipments, the IDC said.

In February, Apple reported that sales of its Mac computers, which had boomed during the wave of working from home during the pandemic, declined 29% YoY to $7.7 billion in their most recent quarter.

“The preliminary results also represented a coda to the era of COVID-driven demand and at least a temporary return to pre-COVID patterns. Shipment volume in Q1 2023 was noticeably lower than the 59.2 million units shipped in Q1 2019 and 60.6 million in Q1 2018,” IDC said.

“The pause in growth and demand is also giving the supply chain some room to make changes as many factories begin to explore production options outside China.”

Concerns over slowdowns in major economies remain, with recent tumult in the banking sector exacerbating worries that runaway inflation and tight monetary policy would hamper growth and financial investments.

Reuters/Hauwa Abu

Market slump Personal computer