Global PC shipments including desktops, laptops and workstations declined another 15% in the third quarter of 2022 compared to a year earlier, although total volume remained well above pre-pandemic levels, IDC said.
Shipments were down 15% in the prior second quarter as well, which dropped after a decline in the first quarter, meaning three consecutive quarters of declines. Prior to the first quarter, there had been two years of growth.
The declines have been widely noted, including by AMD, which last week said chips sold for PC client computers resulted in less revenue than hoped as a result of weaker PC demand and significant inventory corrections across the PC supply chain. As a result, AMD expects third quarter revenue to be down 16% from a prior prediction, sending its stock down by more than 13% on Friday.
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IDC concurred that PC demand has “remained muted” and marked 74.3 million PC shipments in the third quarter. Lenovo led the pack, ahead of HP, then Dell, Apple and Asus. Of the five top players, only Apple showed growth in the third quarter, up by 40% over a year earlier. Apple made up for lost orders in the second quarter stemming from lockdowns in China in that period, affecting PC assembly done there.
IDC also noted that average selling prices for PCs increased for five quarters in a row to $910 in the first quarter, then declined in the second and third quarters.