Tag: business
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New Report Reveals X86 CPU Market Suffers Worst Downturn in History
2022 was bleak, but 2023 is looking positive In a recent report by Dean McCarron of Mercury Research, the state of the PC business and technology industry is painted in a bleak light. The report reveals that the x86 processor market has just suffered “the largest on-quarter and on-year declines in our 30-year history.” According…
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Falling PC Sales Prompt Layoffs at Dell
Dell, the global computer manufacturer, is facing the harsh reality of declining demand for PCs and laptops, as well as an uncertain future, and has announced that it is cutting approximately 5% of its global workforce, amounting to 6,650 jobs. According to a memo from Dell Co-Chief Operating Officer, Jeff Clarke, the company’s previous cost-cutting…
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Tech Giants Struggle in Q4 2022: Apple’s Sales Plunge, Amazon’s Profits Drop, Alphabet’s Growth Modest
The final quarter of 2022 was a tough time for Apple as the company experienced a drastic decline in sales due to the increasing cost of living. According to the latest numbers, Apple saw a 5% drop in sales in the three months ending December 2022 compared to the same period the previous year, which…