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Global PC shipments drop to lowest level since 2007

Apr. 12, 2016 2:09 AM ETAcer Inc. (ASIYF) StockMSFT, HPQ, SONY, AMD, INTC, STX, WDC, NVDA, MU, LNVGY, TOSYY, ASIYFBy: Yoel Minkoff, SA News Editor28 Comments
  • According to research firm Gartner, global shipments of personal computers fell 9.6% to 64.8M units during Q1, marking the sixth consecutive quarter of declines and the first time since 2007 that shipments dropped below 65M units (IDC reported similar results worldwide).
  • In the U.S., PC shipments totaled 13.1M units, representing a 6.6% decline from a year earlier and the lowest volume in three years.
  • The sector has faced headwinds in recent quarters which include an economic slowdown in China, the strong U.S. dollar and the growing popularity of smartphones.
  • Related stocks: OTC:ASIYF, AMD, HPQ, INTC, OTCPK:LNVGY, MSFT, MU, NVDA, SNE, STX, OTCPK:TOSYY, WDC

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