Renowned PC Companies Suffered the Greatest Decline in Revenue
As per reports, the fourth-quarter worldwide PC sales data that was released by Canalys, IDC, and Gartner. All three companies witnessed significant drops from their respective 2021 highs.
According to IDC, sales dropped by 28.5%, while Gartner reported a drop of 29.0%, and Canalys reported a drop of 29%. This marked the fourth consecutive quarter in which the numbers showed a downward trend.
In the fourth quarter, no major manufacturer was a net gainer. The best that could be hoped for was to sustain moderate losses, and usually, all three companies reported double-digit financial losses across the board.
According to a statement released by Reith, 2021 was close to historic levels for PC shipments, so any comparison is going to be inaccurate. The rise and fall of the PC market will undoubtedly go down in history, but there is still a lot of potential for growth in the years to come.
IDC reported 67.2 million units shipped during the fourth quarter, while Canalys reported 65.4 million units and Gartner reported 65.3 million units.
The annual totals told a story that was very similar, with all three companies coming in at a decline of approximately 16% year on year. However, according to IDC analyst Ryan Reith, the situation may not be as bleak as the numbers indicate, especially considering the fact that 2021 was such a successful year.
Gartner reported a -10.1% decline for Apple, Canalys reported a -7.5% decline and IDC reported a more modest -2.1% decline compared to last year, but all three reports had Apple with the least red ink. The bad news continued to pile up after that.
Dell showed to have suffered the greatest decline out of the top three PC manufacturers. This decline was approximately 37% in each of the three reports. After that, HP had a loss of 29%, and Lenovo lost about 28% of its market share.