Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

PC Market Share: Apple Laughs In The Face Of PC Decline, According To Study

PC Market Share: As expected by most, the PC market in regions across the world continues to struggle. What kind of impact this has on Apple Inc. (NASDAQ:AAPL) is yet to be seen, however, it is safe to say that changes are on the horizon.

According to Gartner, the PC market in Western Europe declined by 20.5 percent during the first quarter of 2013.

While a dip may have been expected, some were not expecting things to go so bad so fast.

During the first quarter, PC shipments in this region totaled 12.3 million units. When compared to the first quarter of 2012, this is a decrease of 20.5 percent.

A Leading Company Cheaper Than 90% Of Blue Chips... And It Recently Bounced 12%If the market continues down this path in Western Europe, it will be all but dead within a few years time. Obviously, this will have a major impact on Apple Inc. (NASDAQ:AAPL) as well as its competition in the region.

Meike Escherich, principal research analyst at Gartner added the following:

“The first quarter of 2013 brought the worst quarterly decline in Western Europe since Gartner started tracking PC shipments in this region. Wide availability of Windows 8-based PCs could not boost consumer PC purchases during the quarter. Although the new Metro-style user interface suits new form factors, users wonder about its suitability for traditional PCs — non-touchscreen desktops and notebooks.”

As you can see by Escherich’s comments, things are not looking good for the PC market in Western Europe.

At this point, you are probably thinking that things went bad for Apple Inc. (NASDAQ:AAPL) during the first quarter. Fortunately for Cupertino, this was not true.

In fact, “Lenovo and Apple were the only top-five vendors to record growth.”

When you look at the numbers, Apple had a 7.9 percent market share. While this is a small piece of the pie, Cupertino doesn’t spend much time selling computers in the “PC market” category in this region.

Over the past year, Apple Inc. (NASDAQ:AAPL) has picked up 1.7 percentage points in terms of market share as well as 0.8 percent growth.

Escherich added that “the PC is the first to fall by the wayside as usage patterns shift toward smartphones and tablets. This ongoing trend will have a profound impact on the size of the installed base of PCs.”

Apple Inc. (NASDAQ:AAPL) was not hit hard in Western Europe, unlike some of its competitors.

See more information on how many companies performed during the first quarter:

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.