PC Sales Slump More than Expected in Q4; Windows 8 Failed to Grab Attention (MSFT)

January 14, 2013 8:46 AM EST
No one really questions the idea that PC sales are slowing, but its always fun to mull over data to see if a bottom might form.

Today, we have Digitimes and IDC reporting that fourth-quarter PC shipments fell 6.4 percent to 89.8 million units, outpacing expectations for a 4.4 percent decline. The drop comes amid Microsoft's (Nasdaq: MSFT) Windows 8 platform not meeting speculation quite as well as hoped.

Results in the quarter are also the first time in over five years that the PC market has shown a year-over-year decline in shipments.

Sales in the U.S. fell 4.5 percent for the quarter and seven percent in 2012.

Hewlett-Packard (NYSE: HPQ) remained the top shipper, moving 15.023 million units for a market share of 16.7 percent. The result was about flat from last year. This might be good or bad news depending on your perspective; good because H-P is still on top of a large industry, but bad because that industry is a sinking ship.

Lenovo was second with 14.105 million units shipped, from 13.040 million in the same period last year. Dell (Nasdaq: DELL) was third at 9.482 million, Acer fourth at 6.959 million, and ASUStek fifth at 6.467 million units.

It wasn't made clear what expectations for 2013 are, but single-digit consolidation is likely as tablets, notebooks, and convertible notebooks (tablet and notebook all in one!) replace traditional desktops.

H-P is higher early while Dell is seeing some pressure Monday morning.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Insiders' Blog

Add Your Comment