PC sales dropped by more than 25% year-over-year in the last quarter of 2022, as did the prices for the hardware that did sell, according to several reports from industry research groups.
Every major PC vendor saw the heavy declines in PC sales, with Dell Technologies hardest hit in the fourth quarter; it experienced as much as a 37% drop in sales. Apple was the least affected, with as little as a 2.1% decline. (The figures vary somewhat depending on reports from IDC, Gartner and Canalys.)
The sales declines didn’t reshuffle the top three worldwide PC vendors with Lenovo maintaining its topcspot, followed by HP and Dell.
While Lenovo retained 24% of the market share, it also endured its steepest decline since research firm Gartner started tracking the PC market. Lenovo’s shipments fell in all regions except Japan, declining by more than 30% in Europe, Middle East and Africa (EMEA) and Latin America.