After two years of steady, agonizing declines, the PC industry appears to have hit rock bottom. And, according to research firm Gartner, things could be looking up, which should spell good news for manufacturers ranging from Apple
Inflationary pressures and high interest rates, meanwhile, made it difficult for some consumers to find the cash for new computers, as both prices and financing costs rose. PC shipments subsequently plummeted to their worst levels in decades.But the market appears to be turning around, as inventory levels drop and more people seek out newer PCs.
While 2023 will be a wash for the industry overall, Gartner says the PC market should recover in 2024, with shipments expected to grow 4.9%, as both consumers and enterprise customers stock up on new systems.is the tech editor at Yahoo Finance. He's been covering the tech industry since 2011. You can follow him on Twitter