Which PC Companies Defied The Downturn In Global Shipments In Q3?

Global PC shipments, also including tablets, fell in the third quarter although remaining well above pre-COVID-19 pandemic levels, new research by Canalys showed.

Modest Slippage In Q3: PC shipments fell 2% year-over-year in the third quarter to 122.1 million units, with tablets and Chromebooks serving as drags, the report said.

Tablet shipments fell 15% year-over-year to 37.7 million units, as the need for tablets to support consumer and education user cases fell. Chromebook shipments declined a steeper 37% to 5.8 million due to lower education spending in the U.S.

Leaders and Laggards: Lenovo Group Limited LNVGY, the market leader in the PC market; Apple Inc AAPL and Dell Technologies Inc DELL were the only major vendors that saw year-over-year growth in shipments.

Lenovo, which had a 20% share of the overall market, shipped 24.453 million units, up 4.1%. Apple ranked second with an 18.9% market share. Its shipments rose 4.6% to 23.093 million units. Dell's shipments jumped 26.5% year-over-year to 15.236 million units, giving it a 12.5% share.

Related Link: Apple Q4 Revenues Miss Estimates As Supply Chain Issues Eat Into iPhone Sales

HP Inc. HPQ, despite taking the third position in terms of shipments at 17.624 million units and a 14.4% market share, saw a 5.7% decline from a year ago. Shipments of South Korea's Samsung fell 15.9%.

Lenovo Takes Lead In Shrinking Chromebook Market: Lenovo overtook HP and secured first place in the Chromebook market, with shipments of 1.4 million units. Its shipments, however, fell 21%.

HP's shipments fell 66% due to its focus on the slowing U.S. education market. Acer, Dell and Asus made up the remainder of the top five.

Apple Leads In Tablets: Apple's shipments of tablets were unchanged at 15.23 million units and its market share was at 40.4%. Samsung, a distant second shipped 7.209 million units.

Related Link: PC Market Q2 Scorecard: What Companies Are The Top 5 In The US?

Photo by Artin Bakhan on Unsplash

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsTop StoriesTechCanalysPCPCsPersonal computerstablets
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...