The PC industry is finally on the path to recovery

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Consecutive Quarters,PC Market,PC Industry

The global PC industry is finally turning its deep sales declines around.

The turnaround in the global PC market continues to gain speed as hype around AI PCs grows and enterprise customers start to pick up purchases of laptops and desktops. According to early data fromWhile that’s higher than the 1.9% growth rival firm Gartner says the market saw in the quarter, both numbers point to a recovery in a sector that was crushed after it saw sales pulled forward at the start of the pandemic, which suppressed sales in subsequent quarters.

Since then, sales have continued to improve, as consumers have begun to replace the laptops and desktops they purchased in the early months of 2020.), which reported Windows OEM sales, or sales of its Windows operating system to laptop and desktop manufacturers, fell 39% in the company’s fiscal second quarter of 2023.

The AI PC market is still new — Microsoft only launched its Copilot+PCs in May — and there’s still no sense as to how many users will specifically opt for AI PCs for their capabilities versus how many will them because they’re simply the latest and greatest on the market. Still, the industry is clearly on an upward trajectory, and for PC makers, that’s what matters most.We recently published a list of Jim Cramer’s Latest Portfolio: Top 10 Stocks in July.

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