Notebook Sales Soared In Q2, With Lenovo And HP Claiming Half The Market
Consumers, commercial clients and schools -- all looking for technology to stay productive and entertained through the COVID-19 pandemic -- pushed global notebook sales up by 27 percent in Q2 compared to the year prior, according to Strategy Analytics. Lenovo and HP were the top vendors in the quarter, accounting for half of all notebook sales.
Other research firms like IDC and Gartner previously reported that PC sales had bounced back in Q2, following a COVID-related drop in Q1 shipments. Overall PC shipment growth was more modest -- the new data underscores the popularity of notebooks in particular.
"The biggest surprise of the quarter was the robust demand generated from consumers buying their own devices for work, studying, and play despite tough economic headwinds," Eric Smith, director of Connected Computing for Strategy Analytics, said in a statement. "Gaming proved to be an effective distraction in a physically isolated world. Chromebooks, in particular, experienced high demand from schools and consumers to support e-learning efforts."
Citing the surging popularity of Chromebooks, Google earlier in the week released new tools and resources for developers, encouraging them to build more applications optimized for large-screen Chrome OS devices.
Lenovo grew its global notebook sales by 17 percent in Q2, reaching 13.6 million shipments. HP notebook sales grew a whopping 42 percent year-over-year to hit 13.4 millon shipments. That gave Lenovo 25 percent market share and HP 24.8 percent market share.
Dell was the third-most popular vendor with 8.4 million notebooks shipped, followed by Apple at 4.6 million units. Acer placed fifth with 3.6 million units sold, growing shipments by 41 percent.
All told, consumers purchased 54.2 million notebooks in Q2, Strategy Analytics said.
It remains to be seen, the research firm said, whether the quarterly results represent a new, longer-term interest in notebooks or whether the typical seasonal demand that comes during the back-to-school sales and the holidays was simply pulled forward.
Reassessing AI Investments: What The Correction In US Megacap Tech Stocks Signals
The recent correction in US megacap tech stocks, including giants like Nvidia, Tesla, Meta, and Alphabet, has sent rippl... Read more
AI Hype Meets Reality: Assessing The Impact Of Stock Declines On Future Tech Investments
Recent declines in the stock prices of major tech companies such as Nvidia, Tesla, Meta, and Alphabet have highlighted a... Read more
Technology Sector Fuels U.S. Economic Growth In Q2
The technology sector played a pivotal role in accelerating America's economic growth in the second quarter of 2024.The ... Read more
Tech Start-Ups Advised To Guard Against Foreign Investment Risks
The US National Counterintelligence and Security Center (NCSC) has advised American tech start-ups to be wary of foreign... Read more
Global IT Outage Threatens To Cost Insurers Billions
Largest disruption since 2017’s NotPetya malware attack highlights vulnerabilities.A recent global IT outage has cause... Read more
Global IT Outage Disrupts Airlines, Financial Services, And Media Groups
On Friday morning, a major IT outage caused widespread disruption across various sectors, including airlines, financial ... Read more