Ugly PC Data from IDC. HP Shipments Down 24% and Dell Down 11%.
IDC released its 2013 first quarter PC shipment estimates that are pretty brutal for four of the top five vendors; HP down 24% year over year, Dell down 11%, Acer down 31% and ASUS down 19%. In the U.S. Apple's shipments were down 7.5% year over year but given that there were manufacturing challenges and therefore inventory stockouts it is not surprising to see shipments down 7.5% year over year. In my model I have Mac sales up 2% year over year.