Microsoft and Intel are down bad right now, but that doesn't mean it's time to declare that PCs are dead once again.
It’s been a grim week for the world of computers. If you aren’t up-to-date on financial statements , let me catch you up to speed. Microsoft started the week by posting a 39% decline in its Windows revenue, followed shortly by Intel recording a 36% drop for its Client Computing Group . AMD and Apple are announcing their earnings next week, with dire predictions as the demand for PCs comes to a standstill.
Related It’s pretty bad out here Intel is down, and AMD, Apple, and Nvidia are expected to follow suit, but the glaring signpost is Microsoft. The 39% drop comes from Windows manufacturer revenue, which is the money Microsoft receives from brands shipping Windows computers. It’s not entirely representative of the PC market, but it’s close.
That’s the logic pointed out by Canalys’ analysis of the PC market. In fact, its report shows 7% growth in PC shipments in 2022 compared to 2019, with the massive decline only evident compared to the boom in 2020 and 2021. Ishan Dutt at Canalys recognized this current slump, but said it was only a short-term problem:
But what about my PC games? Industrywide analysis generally focuses on the largest vendors, but a rising tide has been growing in a different segment of PCs: PC gaming. In October 2022, Steam reached an all-time-high player count of over 30 million, building on already high momentum from 2020 to 2021.
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