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Apple, Dell get PC market share boost, HP Fades – 24/7 Wall St.

Personal computer shipments in the first quarter of this year were down 5.1% from the first quarter of last year. The good news is that shipments from all suppliers topped 80 million units for the seventh straight quarter, despite logistics and supply chain challenges that continued to plague makers of all kinds of merchandise.

The top-ranked vendor during the quarter was Lenovo with shipments totaling 18.3 million units (22.7% market share), compared to 20.1 million units in the prior year quarter ( 23.7% share). HP Inc. (NYSE: HPQ), Dell Technologies Inc. (NYSE: DELL) and Apple Inc. (NASDAQ: AAPL) finished second, third and fourth. Asus and Acer were essentially tied for fifth place, according to the International Data Corp report. (IDC).

Noting the run of more than 80 million quarters, Ryan Reith, IDC Group Vice President, said, “We have seen some downturn in the education and consumer markets, but all indicators show that demand for commercial PCs remains very strong. We also believe that the consumer market will pick up in the near future. The result for 1Q22 was PC shipment volumes that were close to record levels for a first quarter. »

IDC Research Director Jay Chou added, “In addition to commercial spending on PCs, there are still emerging markets where demand was overlooked during the early periods of the pandemic, and end-consumer demand higher has also been maintained”.

Here are the shipment totals for the first quarter of 2022.

Company 1Q22 shipments 1Q22 market share 1Q21 deliveries Market share in 1Q21 1Q22/1Q21 growth
Lenovo 18.3 million 22.7% 20.1 million 23.7% −9.2%
HP Inc. 15.8 million 19.7% 19.2 million 22.7% −17.8%
Dell 13.7 million 17.1% 12.9 million 15.3% 6.1%
Apple 7.2 million 8.9% 6.9 million 8.1% 4.3%
Asus 5.5 million 6.9% 4.7 million 5.6% 17.7%
Acer 5.4 million 6.8% 5.8 million 6.8% −5.9%
All the others 14.5 million 18.0% 15.1 million 17.8% −4.0%
Total 80.5 million 100% 84.8 million 100.0% −5.1%

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Shares in the technology sector traded more than 2% at midday Monday.

Apple shares fell about 1.9% to $166.93 in a 52-week range of $122.25 to $182.94.

HP shares were basically trading at $38.60 in a 52-week range of $26.11 to $41.47.

Dell shares traded up 0.3% to $47.54 in a 52-week range of $45.91-$61.54.