Apple Takes the Crown

Apple Takes the Crown

Share this article


  • Global PC shipments are declining by roughly 28% at HP (HP, $42.28), 21% at Dell (DELL, $34.48), and 16% at Lenovo (LNVGY, $13.73), Apple (AAPL, $140.42), on the other hand, defied the trend with a 1.7% increase, as personal computer shipments increased by 40% in the third quarter.
  • According to data from the International Data Corporation released on Monday, the third quarter saw shipments in the personal computing market continue to decline as demand decreased and supply chain problems persisted.
  • Worldwide PC shipments decreased by 19.6%, with equivalent declines for competitors, but there was a great disparity in Apple's performance, as figures show a decline of 15.6% annually.

Why it matters

Investors will be keeping an eye out for any indications of a decline in PC shipping volume when Microsoft and Intel release their third-quarter financial results later this month, Intel will report on October 27, while Microsoft is scheduled to reveal its earnings on October 25.

akbaraka

Get Smarter
About Investing

Join 35,000+ subscribers and get our 5 min daily newsletter on daily local and international financial news.
akhbaraka
Get Smarter<br/> About Investing

Similar News