The global PC market saw its steepest decline on record as economic uncertainty and a glut of unsold inventory dented shipments for the fourth quarter in a row.
It was the biggest drop Gartner has documented in more than two decades of tracking the market, echoing a sentiment expressed by Canalys, which released similar figures showing double-digit drops. Though shipping volumes remain comparable to pre-pandemic levels and robust hiring numbers suggest positive commercial demand, it is likely that economic headwinds will affect IT spending for both business and personal use into next year, according to Canalys.
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