A lot of people believed gadgets and smartphones would ‘kill’ the PC. But, much to everyone’s surprise, PC brands like Dell and HP see significant rises in sales, profit, and shares throughout 2020 and 2021.
The pandemic brought an increase in demand and a newly-found appreciation for PCs. Many people started updating their old PCs so they could work remotely or continue their education during the lockdowns.
Dell’s shares went up by 40%, with direct sales rose by 15%. With these numbers, Dell remains a market leader for big businesses, as well as for gamers around the world. With its shipment growing by 10.5%, Dell remains well ahead of Apple, whose shipment dropped by 3%.
On the other hand, HP is America’s number one PC company, holding a market share of 21.9%. Their profit rose by 51% in 2021, and shares increased by 20%, owing to strong demand for PCs during the pandemic.
Apart from PCs, HP generates a third of its revenue from printers, especially from the growing market of new printing technologies. High-quality 3D printers are rapidly becoming available to the general public, and HP didn’t miss the opportunity to participate.
Despite the unpredictable nature of breakthroughs in the world of tech and humanity’s love for cutting-edge gadgets, the good old PCs are still going strong. Moreover, the numbers indicate that they will remain an integral part of our offices and classrooms for a long time.