Thursday, October 11, 2012

Big Sales Drop for Personal Computers | All American Investor

The worldwide computer market tumbled more than expected in the third quarter, but Lenovo edged past HP to take the top spot, according to Gartner. IDC, however, still has HP in the lead, but just barely.

All American Investor

It's even uglier than thought in the PC market, new data today shows.

IDC says the global computer market "withdrew sharply" in the third quarter, with shipments falling 8.6 percent from the prior year. The tech research firm had expected a decline of just 3.8 percent -- what it called a relatively quiet quarter as companies prepare for the upcoming Windows 8 launch.

Rival Gartner, meanwhile, said shipments slid 8.3 percent to 87.5 million units, worse than its expectation for a 6.5 percent decline.

Continue reading PCs showing 'severe slump' as HP slips to No. 2

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