Demand for new PCs took a hit after months of price hikes, with Counterpoint Research reporting global PC shipments fell 21 percent year-over-year in Q3 2026. That's in line with earlier reports from IDC and Omdia. It's not just PCs, either - that same quarter, smartphone shipments also hit a 14-year low .

Also readMark Zuckerberg’s creative plan to pay California’s proposed billionaire tax without losing control of Meta

Counterpoint linked the decline in PC shipments to higher component prices. Up until Q2 2026 , PC shipments had been growing for over two years straight. But over the last several months, RAM, SSDs , and chips from Intel , AMD , and Qualcomm have all gotten more expensive, leading to price hikes on everything from MacBooks to Raspberry Pis .