PC market

On Thursday, Dell Technologies (NYSE: DELL) reported its third quarter results, with revenue coming short of estimates and overshadowing its earnings beat as hardware and software market are recovering in a slower than anticipated pace from its post-Covid crash. The market was expecting more after...

After Tuesday’s close, HP Inc (NYSE: HPQ) posted a slightly lower quarterly revenue than LSEG estimates but maintained its annual earnings outlook. Although the computer and printer maker issued a relatively cautious forecast for the undergoing quarter, HP ...

Advanced Micro Devices (NASDAQ: AMD) reported a weaker-than-expected outlook that overshadowed its strong third-quarter results. Upon the report, shares fell more than 2% in pre-market trading on Wednesday. AMD is one of the few chipmakers with the capability to make ...

On Tuesday, HP Inc (NYSE: HPQ) showed a mixed picture with its fiscal third quarter report as inflation and economic uncertainty continue to weaken the demand for consumer electronics, with the PC market being in a slump for over a year now. Upon the report, shares of the Palo Alto, California-...

With intense PC market weakness that refuses to fade, Advanced Micro Devices Inc (NASDAQ: AMD) delivered better-than-expected results on Tuesday as the chip maker continues aspiring to challenge the AI chip leader, Nvidia Corporation (NASDAQ: NVDA). Its rival Intel Corporation (NASDAQ: INTC) posted...

The PC slowdown is beginning to bite chipmakers. Intel Corporation (NASDAQ: INTC) is reportedly eyeing massive job cuts to tide over the current malaise. What Happened: Intel plans to announce a major headcount reduction, running into thousands, as early as this month, reported Bloomberg...

PC market slackness that was hinted at by Advanced Micro Devices Inc. (NASDAQ: AMD), when it preannounced last week, has been confirmed by a new report that showed a sharp decline in shipments in the third quarter. What Happened: Worldwide PC shipments plunged 19.5% year-over-year in the third...

The PC market may be taking its baby steps toward turning things around, going by a research published by Bluefin Research Partners on Monday. Given the semblance of stability in the PC environment, the firm said it likes Intel Corporation (NASDAQ: INTC) and Advanced Micro Devices, Inc. (NASDAQ:...

After market close on July 11, IDC released its preliminary PC market estimates for the June quarter. PC Units Decline Barclays’ Mark Moskowitz mentioned PC units declined 4.5 percent year-on-year, meaningfully better than the estimate of a decline of 9.4 percent. Moskowitz believes the...

Earnings season is set to kick off soon with macro and global concerns in focus. Richard Schafer of Oppenheimer commented on the technology group, noting he hasn't seen any signs of further deterioration. Schafer is expecting the group to post "roughly in-line" third quarter results, with a "...

There is no denying the fact that PC sales have been on the decline for quite some time due to the rising popularity of tablets and smartphones. According to Gartner’s latest estimates, worldwide PC shipments fell 9.5 percent in the second quarter of 2015. In fact, this was the steepest...

In a report published Tuesday, RBC Capital Markets analyst Amit Daryanani offered a preview for four IT hardware giants ahead of their respective earnings. According to Daryanani, 2015 has been a volatile year for the IT hardware sector and the volatility will likely persist given sustained...