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The Latest Breaking News from IDC

PC Sales Dropped Nearly 30% in Q1 With Apple the Biggest Loser

Apple loses 40% of sales year-over-year, market share drops too.

Tom’s Hardware

MacBook sales drop 40% — 3 reasons why Apple suffered a poor quarter

Mac sales plummeted 40% in Q1 of 2023 compared to the same quarter last here. Here are the reasons behind Apple's poor performance.

Laptop

Apple Stock Falls On Lower PC Shipments; Micron, WDC Pop On Memory Chip Cut

Apple stock fell after PC shipments dropped 40% while shares in Micron and Western Digital rose amid Samsung's cut in memory chips.

Investors Business Daily

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Mac shipments collapse as COVID-powered buying frenzy stalls

Apple's Mac shipments plummeted by more than 40% in the first quarter of 2023 according to new research.

iMore

PSVR 2 sales reportedly not living up to Sony’s expectations

Sony plans to slash PSVR 2 production for 2023, according to a new report that corroborates previous predictions.

Tom’s Guide

What does 'Fan Edition' even mean, Samsung?

Ever since the Galaxy S20 FE wowed everyone, other Fan Edition phones haven't made much of an impact, and the leaked S23 FE and Tab S8 FE probably won't buck that trend.

Android Central

IDC Lowers Forecast for Worldwide IT Spending in 2023

Projects overall global growth of 4.4% to $3.25 trillion; cloud-based technologies remain a bright spot

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Is Palantir Among The Best AI Stocks? One Analyst Says Buyer Beware

Whether Palantir can expand its prowess in artificial intelligence into new opportunities is a big question for PLTR stock bulls and bears.

Investors Business Daily

Sony PSVR 2 needs price cut to avoid "complete disaster" says analyst

Lacklustre sales suggest that Sony will need to reduce the price of its virtual reality gaming headset

Foldables shipments could see a 50% increase in 2023, according to a new report

International Data Corporation (IDC) brings a new forecast of foldables for this year as well as for 2027.

Android Central

A PS VR2 price cut 'will be needed to avoid a complete disaster' after reportedly slow launch

Market research firm IDC has crunched the sales numbers and is suggesting a price cut is vital to the success of Sony's VR headset.

PC Gamer

Foldable phones are set for some major growth

Over the next five years, foldable phones could have a 27.6% CAGR, analysts believe.

TechRadar

Is Sony self-sabotaging the PSVR 2?

The PSVR 2 is an amazing VR headset with a seriously great library of games, but Sony's marketing and sales strategy is tanking its potential.

Android Central

It looks like PSVR 2 probably won't outsell its predecessor

PSVR 2 is likely to miss its sales targets, according to a notable VR analyst.

TechRadar

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GamesRadar

PSVR 2 price cut might be needed to avoid a "complete disaster"

One research firm claims launch sales have been disappointing

Caixin Global

In Depth: New Business Comes With Old Risks for China’s Struggling Tutoring Industry

Sales of ‘learning tablets’ helped keep companies going after the crackdown on for-profit education, but looming regulation and growing competition show the shift is no cure-all

The Guardian - UK

UK aid cuts could force closure of Afghan project supporting women and girls

Slashing funding to the programme from a promised £7m to just £1m sends a ‘stark message to the world’, says Save the Children

The Guardian - UK

Behind the fanfare of James Cleverly’s visit to Sierra Leone, the need to restore aid is starkly apparent

The foreign secretary received a warm welcome in the country of his mother’s birth but critics say the slashing of aid budgets undermines the message of support for women and girls

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The Guardian - UK

UK launches gender equality plan but critics call funding a ‘drop in the ocean’

Foreign secretary’s new strategy branded ‘meaningless’ in face of parliamentary inquiry into impact of slashing overseas aid

Caixin Global

Huawei Spinoff Honor Takes on Apple in Europe

Chinese smartphone giant gears up to compete in the premium segment with its Magic5 series of devices

Salon

Email busts "new" Prayer Breakfast

An email inadvertently sent to TYT reveals new event's leaders striving to preserve unity with The Family

Investors Business Daily

Amazon's Alexa Smart Speaker Blazed A Trail, Then Burned Out

Amazon Alexa, the smart speaker that blazed a new category in the consumer electronics field, is not the moneymaking machine they expected

Bangkok Post

IDC forecasts PC market expansion in H1

Thailand's PC market is expected to receive a boost from the "Shop Dee Mee Khuen" tax rebate scheme, a brighter economic outlook and a stronger baht in the first half of this year, says tech market research firm IDC Thailand.

Bangkok Post

Digital transformation picks up

As businesses have become more engaged in their online journey, driven by the pandemic, they now need to gear up for digital transformation, including the use of cloud and automation, to be agile and competitive and to thrive in the new economy.

Bristol Post

Shop warns ‘use us or lose us this Christmas' during difficult times for Bristol's high streets

Footfall is worse than Christmas 2021 when Omicron was rife

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