Technology major Hewlett Packard has reported a 19 per cent drop in third-quarter profit at $1.64 billion mainly on account of lower revenues from personal computer and printer segments.
India's traditional PC market, inclusive of desktops, notebooks, and workstations declined by 11.7 per cent year-on-year (YoY) in Q3CY22 (Jul-Sep) after 8 consecutive quarters of growth despite strong shipments of 3.9 million units, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. All segments declined except the government, which grew by 91.5 per cent YoY on the back of government orders, leading to strong growth in the third consecutive quarter. While the desktop and workstation categories grew by 23.4 per cent and 17.6 per cent YoY respectively, the notebook category declined by 19.5 per cent YoY.
Indian PC shipments for the third quarter of CY21 touched a total of 4.5 million, making it India's biggest-ever single quarter. To put this in perspective, it is bigger than the total yearly consumer shipments in 2019, a year before the pandemic hit. As a result, many brands also reported their biggest quarter of PC shipments.
Audi Q3 not only has the looks of an SUV but offers better ride quality.
The India personal computer (PC) market shipment, inclusive of desktops, notebooks, and workstations, dropped by an overall 30.1 per cent in the first quarter of CY2023 over the previous year, to only 2.99 million units, according to the latest data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker released on Tuesday. In Q1CY23, while the demand for desktops was positive, the notebook category witnessed another weak quarter as it declined by 40.8 per cent year-on-year (y-o-y). The consumer segment declined by 36.1 per cent y-o-y primarily due to slowing demand and weak market sentiment.
With home markets expanding to 26.4 per cent of the total personal computer (PC) sales, PC shipments in India reached over 2.2 million units in the third quarter of 2007. An increase of 19.7 per cent over the same period in 2006, according to Gartner.
For those who've always wanted to drive a BMW in India, the 2 Series is easily the most fun to drive everyday car that money can buy.
There's a car and bike to match every personality and every budget in 2018, say P Tharyan and Joshua David Luther
Has Volvo Cars set the cat among the pigeons? Yes, the compact luxury SUV segment in India will not be the same with the entry of the XC40, says P Tharyan.
The Volvo S60 Cross Country is a very capable car that can be handled across all weather and terrain conditions, says P Tharyan.
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