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July 11, 2019, 6:19 p.m. EDT

Worldwide PC sales grow as Windows 7 support fades

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By Wallace Witkowski

Worldwide PC demand grew more than expected in the second quarter, propelled in part by a phasing out of support for Microsoft Corp.'s /zigman2/quotes/207732364/composite MSFT -4.11% Windows 7 operating system, according to research firm International Data Corp. Sales of PCs rose 4.7% to 64.9 million units from the year ago quarter as supply shortages eased, IDC said. "With the January 2020 end of service (EOS) date for Windows 7 approaching, the market has entered the last leg of the Windows 7 to Windows 10 commercial migrations," said Linn Huang, IDC research vice president, in a statement. According to IDC, market share was 25.1% for Lenovo Group Ltd. /zigman2/quotes/205368244/delayed HK:992 +0.50% , 23.7% for HP Inc. /zigman2/quotes/203461582/composite HPQ -6.02% , 17.9% for Dell Technologies Inc. /zigman2/quotes/203822527/composite DELL -8.91% , 6.6% for Acer Group, and 6.3% for Apple Inc. /zigman2/quotes/202934861/composite AAPL -4.14% . Earlier Thursday, research firm Gartner reported a 1.5% rise in PC sales to just under 63 million units but Gartner does not include Chromebooks that run on Alphabet Inc.'s /zigman2/quotes/205453964/composite GOOG -4.39% /zigman2/quotes/202490156/composite GOOGL -4.53% operating system. Like IDC, Gartner attributed Windows 10 as a catalyst for growth.

/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 149.70
-6.41 -4.11%
Volume: 57.04M
March 27, 2020 4:00p
P/E Ratio
26.06
Dividend Yield
1.36%
Market Cap
$1138.63 billion
Rev. per Employee
$902,473
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/zigman2/quotes/205368244/delayed
HK : Hong Kong
HK$ 4.05
+0.02 +0.50%
Volume: 69.68M
March 27, 2020 4:08p
P/E Ratio
8.67
Dividend Yield
6.94%
Market Cap
HK$48.66 billion
Rev. per Employee
HK$7.25M
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 16.86
-1.08 -6.02%
Volume: 11.27M
March 27, 2020 6:30p
P/E Ratio
8.37
Dividend Yield
4.18%
Market Cap
$24.17 billion
Rev. per Employee
$1.07M
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/zigman2/quotes/203822527/composite
US : U.S.: NYSE
$ 38.75
-3.79 -8.91%
Volume: 3.20M
March 27, 2020 6:30p
P/E Ratio
6.42
Dividend Yield
N/A
Market Cap
$28.96 billion
Rev. per Employee
$624,972
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/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 247.74
-10.70 -4.14%
Volume: 51.05M
March 27, 2020 4:00p
P/E Ratio
19.57
Dividend Yield
1.24%
Market Cap
$1083.98 billion
Rev. per Employee
$1.98M
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/zigman2/quotes/205453964/composite
US : U.S.: Nasdaq
$ 1,110.71
-51.04 -4.39%
Volume: 3.21M
March 27, 2020 4:00p
P/E Ratio
22.58
Dividend Yield
N/A
Market Cap
$835.52 billion
Rev. per Employee
$1.39M
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 1,110.26
-52.66 -4.53%
Volume: 3.14M
March 27, 2020 4:00p
P/E Ratio
22.57
Dividend Yield
N/A
Market Cap
$835.52 billion
Rev. per Employee
$1.39M
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