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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 +0.89% 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 +0.75% , 23.7% for HP Inc. /zigman2/quotes/203461582/composite HPQ +0.68% , 17.9% for Dell Technologies Inc. /zigman2/quotes/203822527/composite DELL +0.63% , 6.6% for Acer Group, and 6.3% for Apple Inc. /zigman2/quotes/202934861/composite AAPL +0.02% . 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 +0.40% /zigman2/quotes/202490156/composite GOOGL +0.35% operating system. Like IDC, Gartner attributed Windows 10 as a catalyst for growth.

/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 185.35
+1.64 +0.89%
Volume: 23.15M
Feb. 14, 2020 4:00p
P/E Ratio
32.27
Dividend Yield
1.10%
Market Cap
$1409.78 billion
Rev. per Employee
$902,473
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/zigman2/quotes/205368244/delayed
HK : Hong Kong
HK$ 5.34
+0.04 +0.75%
Volume: 6.76M
Feb. 17, 2020 11:59a
P/E Ratio
11.74
Dividend Yield
5.26%
Market Cap
HK$63.68 billion
Rev. per Employee
HK$7.25M
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 22.37
+0.15 +0.68%
Volume: 8.98M
Feb. 14, 2020 6:30p
P/E Ratio
10.85
Dividend Yield
3.15%
Market Cap
$32.51 billion
Rev. per Employee
$1.07M
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/zigman2/quotes/203822527/composite
US : U.S.: NYSE
$ 52.88
+0.33 +0.63%
Volume: 2.11M
Feb. 14, 2020 6:30p
P/E Ratio
10.40
Dividend Yield
N/A
Market Cap
$38.59 billion
Rev. per Employee
$624,972
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/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 324.95
+0.08 +0.02%
Volume: 20.03M
Feb. 14, 2020 4:00p
P/E Ratio
25.66
Dividend Yield
0.95%
Market Cap
$1421.81 billion
Rev. per Employee
$1.98M
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/zigman2/quotes/205453964/composite
US : U.S.: Nasdaq
$ 1,520.74
+6.08 +0.40%
Volume: 1.20M
Feb. 14, 2020 4:00p
P/E Ratio
30.92
Dividend Yield
N/A
Market Cap
$1004.67 billion
Rev. per Employee
$1.39M
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 1,518.73
+5.34 +0.35%
Volume: 1.16M
Feb. 14, 2020 4:00p
P/E Ratio
30.88
Dividend Yield
N/A
Market Cap
$1043.85 billion
Rev. per Employee
$1.39M
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