Q2 PC Monitors Grew 2.7%, but ‘Challenging Outlook’ Looms: IDC
Global PC monitor shipments finished Q2 better than expected, but “a deteriorating macroeconomic environment with rising inflation and weakening consumer sentiment point to a challenging outlook for at least the remainder of the year,” reported IDC Wednesday. It estimates PC…
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monitor shipments rose 2.7% year over year in the quarter to just over 36 million units, in stark contrast to the 15.7% Q2 decline in “traditional” PCs. “Backorder fulfillment for commercial monitors drove much of the volume for the quarter, where earlier shortages and prohibitive logistics costs delayed return to office projects,” said IDC. Emerging markets, excluding China and Russia, grew by more than 16%, it said, “helping to prop up a market beset by pullbacks in consumer spend.”