PC Production

PC shipments by the top five PC makers plummeted from 72 million in 19Q4 to 55 million in 20Q1. Sales then jumped and averaged 85 million from 20Q3 through 21Q4. They have since declined and in 23Q1 were just 57 million, slightly below their 19Q1 level. Generalizing, this means it probably takes about three years for manufacturing firms hit by Covid and its attendant complications to roughly return to normal.

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