Worldwide shipments of personal computers totaled 68.4 million units in the second quarter of 2015, a 9.5% decline from a year ago, technology sector research company Gartner, Inc. said Thursday. That was the steepest PC shipment decline since the third quarter of 2013, Gartner said. International Data Corp., another research company that reported quarterly PC sales on Thursday, said worldwide PC shipments dropped 12% in the quarter, about 1% below IDC quarterly estimates. Both companies said slow PC shipments were expected after stronger-than-expected sales a year ago related to the end of support for Windows XP and inventory reduction ahead of the release of Windows 10. A stronger dollar also played a role as it pushed PC prices higher in many markets. Gartner said it expects PC shipments to decline 4.4% in 2015, Gartner said. Lenovo Group Ltd. remained the top PC seller in the quarter, followed by Hewlett-Packard Co.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News