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HP, Lenovo and Dell see PC shipments continue to decline in Q3, while Apple bucks the trend

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Photo taken on Jan. 8, 2020 shows the world’s first 5G personal computer launched by Lenovo during the 2020 Consumer Electronics Show in Las Vegas, the United States.
Wu Xiaoling | Xinhua News Agency | Getty Images

The personal computing market saw shipments continue to cool in the third quarter as demand waned and supply chain issues persisted, according to the data from the International Data Corporation released Monday.

Compared with this time last year, shipments were down 15%, which is still well above pre-pandemic levels, IDC found. Global shipments totaled 74.3 million in the quarter, down from 87.3 million during the same period last year.

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AMDchipmaker cut its sales forecast on Thursday for the third quarter, blaming a larger-than-expected decline in the PC market and supply chain issues.

Investors will likely be watching for signs of weakness in PC shipments when MicrosoftIntel

WATCH: PC weakness hitting semi stocks like AMD, says BofA’s Vivek Arya

Paul Tudor Jones believes we are in or near a recession and history shows stocks have more to fall

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