Apple sees sturdy Mac progress in Q3, different PC distributors shrink on weak demand, provide: IDC

Apple (NASDAQ:AAPL) was the one PC vendor to see optimistic year-over-year progress within the third-quarter, because the world’s largest tech firm was capable of profit from pent-up demand, analysis agency IDC stated on Monday.

The analysis agency famous that Apple (AAPL) seemingly shipped 10.06M Macs within the third-quarter, up 40.2% year-over-year. IDC estimated that the Tim Prepare dinner-led Apple (AAPL) had 13.5% of the PC market as of the third-quarter, coming in fourth behind Lenovo, HP (NYSE:HPQ) and Dell Applied sciences (NYSE:DELL).

First-place Lenovo noticed a year-over-year decline of 16.1% within the third-quarter, delivery 16.88M models and account for 22.7% of the PC market.

HP (HPQ) noticed a 27.8% year-over-year decline to 12.7M models within the third-quarter, whereas Dell (DELL) noticed a year-over-year drop of 21.2% to 11.96M models.

Asus got here in fifth with 5.54M models, a decline of seven.8% year-over-year.

The entire PC market declined to 74.3M models within the third-quarter, down from 87.32M models within the third-quarter of 2021, as demand continued to say no following the early days of the COVID-19 pandemic and uneven provide.

“Client demand has remained muted although promotional exercise from the likes of Apple and different gamers has helped soften the autumn and scale back channel stock by a pair weeks throughout the board,” stated IDC analysis supervisor Jitesh Ubran in an announcement.

“Provide has additionally reacted to the brand new lows by decreasing orders with Apple being the one exception as their third quarter provide elevated to make up for misplaced orders stemming from the lockdowns in China throughout the second quarter,” Ubran added.

Final week, funding agency UBS famous that wait occasions for the brand new iPhone 14 product line have eased, indicating “flattish” year-over-year progress for the September quarter.