Despite weak results in some segments, the global PC market maintained strong sequential growth into the third quarter. In the United States, weak back-to-school sales, and a fatigued consumer characterized the environment. Japan exceeded expectations, with strong activity seen in the enterprise and SMB sectors.
Looking at Vendors, HP managed to grow 3% in the U.S., with channel issues in Asia/Pacific negatively contributing to an overall flat year. Dell grew close to 10% overall, with their emerging markets divisions keeping up pace. Lenovo came away as the best performer out of the group, growing just over 31%, owing most of their performance to business renewal projects across all global regions.
13 Oct 2010
FRAMINGHAM, Mass., October 13, 2010 – The global PC market grew 11% in the third quarter of 2010 (3Q10), nearly 3% below expectations. According to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker, constrained consumer spending resulted in a tepid back-to-school season but commercial refresh remained largely on schedule and the overall market improved in September compared to the earlier part of the quarter. Moreover, the market still exhibited positive sequential growth over the second quarter which is the hallmark of third quarter activity. Shipments for most markets were relatively close to expectations, with Japan surpassing the forecast. The U.S. saw the largest difference with forecast growth, coming in at a 3.8% year-on-year increase, which was well below 2Q10 growth of 11.7% and 3Q10 projections near 11%.