Personal Computer shipments in the second quarter of 2022 slid by 12.6% from the year-ago period according to data from research firm Gartner Inc. This was the steepest decline in nine years, computer makers shipped 72 million PCs in April through June, down from 82.4 million the year prior. IDC said shipments collapsed even more, by 15.3%. The top three global PC vendors, Lenovo Group, HP and Dell saw shipment numbers fall in the second quarter. The U.S. market for … Continue reading “Demand for PC’s Collapses in Steepest Decline in Nine Years”
Pivotal Software released its first quarterly earnings report since the joint venture between VMware and EMC went public in April. $PVTL soared 25% after the company beat expectations and raised guidance.