PC Market Decline Slows in Q3 as HP Bucks Trend; Potential Recovery Seen in 2024

PC shipments declined 7-9% in Q3 2023, but the decline is slowing compared to previous quarters.

Apple saw the biggest drop, with shipments down 23-29% according to different analysts.

HP was the only major PC maker with positive growth, up over 6%.

The PC market decline may have bottomed out ahead of the holiday season.

Analysts see potential for recovery in 2024 and beyond, driven by Windows 10 upgrade cycle and AI-capable PCs.