The latest financial report from Lenovo shows the company is still going strong even as its competition is faltering. Lenovo has had a record year in terms of shipments, revenue and earnings.
7 days: A week of Azure outages, Black Friday deals, a kernel change and "becoming Clippy"
The day I became Clippy
Your guide to every Lumia Windows Phone ever launched
From Xbox to Health, the story of the Microsoft Band
While PC shipments continued to decline in the first quarter of 2014, research firms IDC and Gartner report they went down at a slower pace than recent quarters, due in part to upgrades from Windows .
Intel has announced that its current workforce of 107,000 employees will be reduced by about five percent by the end of 2014 as the company tries to deal with lower PC shipments.
Research firms IDC and Gartner both agreed that PC shipments worldwide went down by 10 percent in 2013, making it the worst year on record for the PC industry, although the worst could be over.
Research firms IDC and Gartner claim that worldwide PC shipments went down 7.6 and 8.6 percent, respectively, in the third quarter of 2013, although the downturn was not as bad as first predicted.
The research firm IDC has cut its forecast for the number of worldwide PC shipments in 2013 again, as it predicts that shipments will decline by 9.7 percent, even with the launch of Windows 8.1.
IDC has cut its worldwide forecast for PC shipments again for 2013, saying it now sees a decline of 7.8 percent for the year. In another report, it sees tablet shipments outpacing PCs by 2015.
Microsoft's stock price went down over 4.4 percent in trading today after an analyst at Goldman Sachs decided to downgrade the company from a "neutral" to a "sell" rating.
The research firm Gartner agress with IDC that PC shipments fell in the first quarter of 2013 but Gartner's report is not trying to blame Microsoft's Windows 8 launch as the main reason, as IDC is.
The research firm IDC has predicted worldwide PC shipments will decline in 2013 after it recorded lower shipment numbers for 2012 and puts part of the blame on initial "underwhelming" Windows 8 sales.
The research firm IHS is predicting that worldwide shipments of PCs will be down in 2012 compared to 2011, which if true will be the first time this has happened in 11 years.
The research firm IDC reports that worldwide shipments of PCs will be up by just 0.9 percent in 2012, in part due to people waiting for the launch of Windows 8 before buying a new PC.
Intel has announced that it will be cutting its financial outlook for the fourth quarter of 2011 due to the PC hard drive shortages that are currently affecting the entire PC industry.
Tech analyst firm Gartner has cut its forecast for worldwide PC shipments in 2011 due to worsening economic situations in the US and in Western Europe along with the rise in mobile tech devices.