Downsizing, tighter office budgets, and return to on-site work are all contributing factors
Employees working hybrid and those returning to the office full-time may have to wait for an upgrade to their old work laptop or computer.
According to multiple reports, there has been another steep double-digit drop in PC sales worldwide so far in 2023. The data shows that sales figures have plummeted more than 30% over the past few years and this unsettling trend looks to not be stopping anytime soon.
Q1 every year is known to traditionally produce low sales; however, the data shows that first-quarter PC sales figures in 2023 dropped lower than any others in the previous ten years. Furthermore, this is now the fourth consecutive quarter in a row that has experienced a heavy decline in sales.
Many in the field have attributed the recent trend of continuous drops in sales month over month to the fallout from the big surge in PC sales during the pandemic when both companies and employees made their homes more suitable for remote work.
Many companies benefited and even expanded their operations during the pandemic period, meaning that many top-of-the-line computers, such as Apple Macs, were purchased for employees for that to be able to work from home as proficiently as possible. In fact, in 2022, 10% of all international PC sales were comprised of Apple Mac computers, which is around a 3% increase in comparison to the five years previous.
The current dip in sales couldn’t have come at a worse time for the PC industry. Numerous tech companies that were expanding greatly in 2020 and 2021 have been hit hard by the recent economic downturn, with reports of over 300,000 tech employees worldwide having been affected negatively in the past six months.
Financial budgets have also been affected and have been stringently tightened across many sectors of industry. Equipment spending in particular has taken a big hit, and even companies with net worth estimated at over 100 billion dollars have now taken a stance to rely on the lifespan and performance of the current systems and devices at their disposal.
Financial experts are now predicting further decreases in the products of PC companies such as Dell, HP, and Lenovo, for the rest of this year at least. Due to the sheer extent of the current decline, questions are now being asked of just how and when the industry will be able to recover.
Downsizing, tighter office budgets, and return to on-site work are all contributing factors
Employees working hybrid and those returning to the office full-time may have to wait for an upgrade to their old work laptop or computer.
According to multiple reports, there has been another steep double-digit drop in PC sales worldwide so far in 2023. The data shows that sales figures have plummeted more than 30% over the past few years and this unsettling trend looks to not be stopping anytime soon.
Q1 every year is known to traditionally produce low sales; however, the data shows that first-quarter PC sales figures in 2023 dropped lower than any others in the previous ten years. Furthermore, this is now the fourth consecutive quarter in a row that has experienced a heavy decline in sales.
Many in the field have attributed the recent trend of continuous drops in sales month over month to the fallout from the big surge in PC sales during the pandemic when both companies and employees made their homes more suitable for remote work.
Many companies benefited and even expanded their operations during the pandemic period, meaning that many top-of-the-line computers, such as Apple Macs, were purchased for employees for that to be able to work from home as proficiently as possible. In fact, in 2022, 10% of all international PC sales were comprised of Apple Mac computers, which is around a 3% increase in comparison to the five years previous.
The current dip in sales couldn’t have come at a worse time for the PC industry. Numerous tech companies that were expanding greatly in 2020 and 2021 have been hit hard by the recent economic downturn, with reports of over 300,000 tech employees worldwide having been affected negatively in the past six months.
Financial budgets have also been affected and have been stringently tightened across many sectors of industry. Equipment spending in particular has taken a big hit, and even companies with net worth estimated at over 100 billion dollars have now taken a stance to rely on the lifespan and performance of the current systems and devices at their disposal.
Financial experts are now predicting further decreases in the products of PC companies such as Dell, HP, and Lenovo, for the rest of this year at least. Due to the sheer extent of the current decline, questions are now being asked of just how and when the industry will be able to recover.
