Tech
PCs peaked: Shipments for personal computers are still falling

PCs peaked: Shipments for personal computers are still falling

Bad Apple

Worldwide shipments of Apple Macs fell to just 4.1 million units in the first quarter of 2023, according to IDC figures, as the wider PC market struggles after reaching near-10-year highs during the pandemic.

Other heavy hitters in the computer hardware market like HP, Lenovo and Dell also had a rough start to the year, with figures dropping 24%, 30% and 31%, respectively, confirming that the brief boom for the PC world now looks to be far behind us.

Shutting down

While the rise of working from home had many rushing out to order new laptops and computers to load Zoom on, the Q1 shipment figure is “noticeably lower” than pre-Covid levels, with analysts speculating that it’s not only a post-pandemic drop off, but also wider economic uncertainty that’s driving sales down.

The 56.9 million PC shipments figure recorded in Q1 is the second lowest in the last 10 years and represents a 29.3% fall from the same period in 2022.

More Tech

See all Tech
Form Energy iron-air battery system leaving Form Factory 1

Big batteries are the newest answer to Big Tech’s big energy needs

America’s booming energy demand is creating a powerful case for large-scale energy storage.

Patrick Sisson17h
Astronaut on the Moon

Over 50 years since it last sent astronauts to the moon, the US is now reentering a very different space race

The successful launch of the Artemis II lunar flyby marked one small step for NASA, while China’s already making giant leaps in its own space program.

tech
Jon Keegan

Judge blocks Pentagon’s move to blacklist Anthropic

A federal judge in Northern California has granted a preliminary injunction blocking the Pentagon from labeling Anthropic as a national security supply chain risk.

The ruling temporarily prevents the Defense Department from restricting the AI company’s access to federal contracts amid a dispute over its refusal to allow certain military and surveillance uses of its technology. The designation could also have shifted lucrative government work toward competitors, including OpenAI.

Earlier this month, Anthropic, the company behind Claude, sued 17 federal agencies and their heads, alleging the government exceeded its statutory authority.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Derivatives, LLC, or Robinhood Money, LLC. Futures and event contracts are offered through Robinhood Derivatives, LLC.