PC Sales Slide for Fifth Straight Quarter

122595358Late last month research firm Gartner Inc. (NYSE: IT) forecast that PC sales would fall by 10.6% in 2013. Right on on plan, the firm said today that second-quarter shipments fell by 10.9%. For the year, Gartner forecasts total PC sales of 305 million units.

Lenovo was the leading seller in the second quarter with a 16.7% share, slightly ahead of Hewlett-Packard Co. (NYSE: HPQ), with 16.3%. U.S. sales fell 1.4% in the quarter, compared with a drop of 11.5% in Asia and 16.8% in Europe, Middle East, and Africa.

The continuing decline in sales is down to the surge in sales for tablets, which are displacing low-end PCs in mature and developed markets, and are becoming the first computing device for many people in emerging markets. Tablet sales are also having a negative impact on the mini-notebook market.

According to Gartner, 76 million PCs were sold in the second quarter.

Anyone want to persuade Michael Dell to raise his bid for Dell Inc. (NASDAQ: DELL)? Carl Icahn? Anybody?

Filed under: Consumer Electronics Tagged: DELL, HPQ, IT
Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.