From Hewlett-Packard (NYSE:
) and Dell (NASDAQ:
) to Apple (NASDAQ:
) and Microsoft (NASDAQ:
), tech companies endured a rough holiday shopping season as
consumers tightened their belts and held on to their existing
computers. Two of those firms are currently on the rise.
Hewlett-Packard, which has been struggling as Lenovo continues to
steal market share, has risen more than eight percent year-to-date.
Dell has gained more than three percent since the start of the
Apple has not been nearly as lucky. The iPhone maker has lost
more than four percent of its value this year. Microsoft has done
Nearly every PC manufacturer experienced sales declines in 2012,
particularly in the fourth quarter. Apple, Dell and Hewlett-Packard
throughout most of the year
In the weeks leading up to Christmas, MacBook sales
fell by six percent
. These declines came after the 15- and 13-inch MacBook Pro
notebooks were upgraded to contain a solid state drive, a Retina
Display and a more compact design.
While the Retina Display MacBooks are considerably more
expensive than their lower-res counterparts, the 13-inch MacBook
Air experienced a $100 price cut. This reduction came before the
monthly Best Buy (NYSE:
) discounts, which typically reduce the final price by another $50
Some critics have blamed Windows 8 for the PC slump. According
to tech industry tracker IDC, however, the operating system is not
responsible for the troubling sales figures.
that PC makers are the ones to blame because they failed to release
machines with enough attractive features.
"Lost in the shuffle to promote a touch-centric PC, vendors have
not forcefully stressed other features that promote a more secure,
reliable and efficient user experience," Jay Chou, senior research
analyst at IDC, told Reuters. "As Windows 8 matures, and other
corresponding variables such as Ultrabook pricing continue to drop,
hopefully the PC market can see a reset in both messaging and
demand in 2013."
During the fourth quarter, PC makers sold 89.8 million units
worldwide -- a 6.4 percent decrease from Q4 2011. According to
Reuters, this is the industry's worst performing holiday quarter in
more than five years.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice.
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