PC shipments declined 5.7 percent in Q3
This was the eighth consecutive quarter of PC shipment decline, the longest duration of decline in the history of the PC industry.
PC manufacturers faced many challenges, which included weak back-to-school demand, and ongoing low demand in the consumer market, especially in emerging markets.
"There are two fundamental issues that have impacted PC market results: the extension of the lifetime of the PC caused by the excess of consumer devices, and weak PC consumer demand in emerging markets," said Mikako Kitagawa, principal analyst at Gartner.
The PC market continues to consolidate, as the top six vendors combined for a record high 78 percent of PC shipments in the third quarter of 2016.
Lenovo continued to be the worldwide market leader based on preliminary PC shipments, but HP Inc. is nearly tied for this top spot, and these rankings could change when final shipment results are published.
Lenovo has recorded six consecutive quarters of year-over-year shipment declines, while the nearest competitors, HP Inc. and Dell, have recorded shipment growth since the second quarter of 2016. ■