In the United States market, Hewlett-Packard Company (NYSE/HPQ) is one of the top PC (personal computer) makers, accounting for more than a quarter of the market. Dell is the second-largest PC maker in the U.S.; Apple is third.
It’s a different story when it comes to the top PC makers globally, though. Based in China, Lenovo Group Limited is the world’s largest PC maker, followed closely by Hewlett-Packard. Dell Inc., Acer Inc., and ASUSTeK Computer Inc. round out the list of the top-five global PC makers.
After enjoying decades of escalating success, PC makers have recently seen their sales decline. In 2013, units shipped by global PC makers declined by 10% year-over-year—a record drop reflecting the rising prominence of mobile technologies, such as smartphones and tablets, and the way consumers share information.
To succeed, PC makers will have to diversify their offerings and embrace the technological trend away from stationary PCs to more mobile devices.
The first raft of first-quarter earnings reports are in…and they’re not a total surprise. Against the backdrop of a weak U.S. economy and waning consumer confidence, some big go-to stocks are beginning to show signs of distress—few more (right now) than makers of personal computers (PC makers). Two research companies tracking PC makers delivered their reports for the just-completed fourth quarter—they’re not encouraging. Gartner pegged fourth-quarter PC shipments at 82.6 million, a 6.9% year-over-year decrease. For all of 2013, it said ... Read More
Investors whose portfolios include companies that make personal computers (PCs) should be careful—they might be headed towards hard times. Gartner, Inc. (NYSE/IT), an information technology (IT) research provider, reported that this quarter, global shipments of PCs declined for the fifth consecutive quarter, falling 10.9% from a year ago. (Source: King, I., “PC Shipments Fall for 5th Quarter Even as U.S. Decline Slows,” Bloomberg, July 11, 2013.) The firm also reported that some of the biggest PC makers saw sales drop. Hewlett-Pack ... Read More