PC sales haven't been this bad since 2007, and Apple is seeing a big Mac slump
The reasoning, per that report: There's a shortage of components like memory and LCD screens, driving prices up. While some vendors just absorbed the higher costs, others hiked their PC prices, leading to lower overall demand.
That slump hit Asus hardest, seeing a 40.1% dip in its share of the market last quarter, compared with the same period in 2016.
But Apple and its Mac computer lineup took some lumps, too. The Mac's share of PC sales last quarter was down 9.6% over the same period a year ago.
It wasn't all bad news, though. HP saw its market share zip up 6.5% over the same period, marking five straight quarters of such growth.
Finally, while Gartner doesn't track sales of Apple iPads or Google's low-cost Chromebook laptops - reasoning that they don't compete for the same users as the mainstream PC - the firm does say that Chromebooks are growing like crazy. In 2016, Chromebooks grew 38%, far outpacing the 6% shrinkage of the overall PC market, it says.
Get the latest Google stock price here.
- I spent 2 weeks in India. A highlight was visiting a small mountain town so beautiful it didn't seem real.
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- Stock markets stage strong rebound after 4 days of slump; Sensex rallies 599 pts
- Sustainable Transportation Alternatives
- 10 Foods you should avoid eating when in stress
- 8 Lesser-known places to visit near Nainital
- World Liver Day 2024: 10 Foods that are necessary for a healthy liver