AAPL - U.S. Personal devices 5-year CAGR strong: DRG report

While the economy facing headwinds amid the pandemic and a slow recovery, Personal Computing devices market witnessed a significant surge in short-term demand and also likelihood in long term demand growth.Computer device makers like Dell (DELL), International Business Machines (IBM), HP (HPQ), Apple (AAPL) and others like Samsung Electronics (SSNLF), Sony (SNE), Panasonic (PCRFY) have benefitted significantly from new trends like work from home, distance learning and more inclination to home based entertainment.As per new IDC data, global shipments of desktop and notebook PCs will grow over 18% Y/Y in Q4 and 1.4% in 2021.In its upside FQ4 report, HP earnings were driven by a 25% growth in consumer notebooks with a strong profit forecast; Lenovo (LNVGY) reported a 53% Y/Y growth in net profit and forecast a 5-10% industry-wide increase for PC TAM next year.Dell's Q3 reported a surge in Chromebook sales and record Client Solutions revenue and stronger than expected operating margin.Looking at

For further details see:

U.S. Personal devices 5-year CAGR strong: DRG report